“It’s really that broadening out effect that we think is gonna take hold as we get deeper into this quarter,” Freedman explains. He points to currentanticipated to accelerate, Freedman isn’t particularly worried. He says he expects inflation to increase at levels that will not cause a significant impact on corporate profits. “With a lot of inflation data coming in next week, there’s a potential for some downward pressure in the very near term,” he adds.
So you want to be overweight domestic equities, Eric, maybe we'll start there, walk us through why you're constructive on, on, on the US stock market, Eric and, and where you want to be invested where you're seeing opportunity. So we think there's a difference between what's called tail risk hedging within commodities, which is when you have, you know, oil prices just rally massively where you see really out of control inflationary responses.We do think that again, with a lot of inflation data coming in next week, there's a potential for some downward pressure in the very near term.