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FAAR - Three Things I Think I Think - 'Transitory' Is... Transitory
First Trust Alternative Absolute Return Strategy ETF
This term was always confusing because people perceive inflation as price changes.
It’s funny that the Fed is choosing to retire the term transitory right when things are starting to look increasingly transitory.
Commodity prices are flat since July and up just 2.3% since May. This is significant since commodity prices are one of the best real-time inflation readings and impact the economy so broadly.