The S&P 500 is set to flatline, and inflation will average 4.5% in 2022, Blackstone's Byron Wien also predicted.
Some inflation risk "does not mean the investments are not worth making," BofA says, which has money for childcare, healthcare and prescription drugs.
Supply is recovering while Americans' spending is cooling off. Peak inflation is behind us, and discounts aren't far away, Susan Sterne told Insider.
US manufacturers have more products on hand and orders are slowing down. The supply crisis could give way to surpluses in a matter of months.
"Price-gouging by the ocean shipping cartel" is behind the inconvenience and inflation slamming holiday-season shopping, the White House said.
The Personal Consumption Expenditures price index gained 0.6% in October, missing economists' forecasts but still up sharply from September's pace.
The RBA has ruled out an interest rate hike as early as next year, suggesting that the Australian economy has emerged from global inflationary pressures largely unscathed.
The Personal Consumption Expenditures price index rose 0.3% in September, matching economists' average forecast. High inflation is sticking.
Hyperinflation is a rare phenomenon that requires the complete collapse of a currency. The US is "a long way" from such a crisis, one expert said.
Price growth picked up in September, raising concerns that inflation will spiral out of control. Such fears are overblown, Yellen said in a Sunday CNN interview.
"I really think there will be a crisis the way we are going, the way we're printing up money, the way we are going into inflation," Carl Icahn told CNBC.
From China to the EU, the world's energy supply is crippled. That's showing up in everything from higher gas prices to massive shipping delays.
"Despite near-term uncertainty, we expect the equity market will continue to rally," the strategists said.
The Personal Consumption Expenditures price index gained 0.4% in August, matching the median forecast and the inflation seen in July.
Policymakers have worried about price increases all summer, not least the West Virginia senator who controls Biden's agenda. But inflation is slowing.
The Personal Consumption Expenditures price index climbed 0.4% in July, matching the median forecast. It was a slowdown from June's pace.
Boomers have long been economically fearless, but anything that hits their savings crosses the line. Millennials don't mind as much, Bankrate finds.