Prominent economist Mark Zandi and Billionaire investor Ray Dalio had warned about the US inflation headwinds recently.
https://www.bnnbloomberg.ca/dalio-summers-still-see-u-s-overheating-risk-after-hawkish-fed-1.1619729
We had also warned about the US inflation in our recent webcast.
https://sg-stock.blogspot.com/2021/06/webcast-2-current-inflation-is-real-and.html
It will be very difficult for the US FED to unwind its assets purchases and conduct QE tapering without hurting the US economy unless there is another big economy that is doing QE.
China is making good use of the opportunity to deleverage when the US is leveraging. Consequently, China can minimize any serious economic damage because the US QE programs are supporting the worldwide markets.
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