I've had the privilege of knowning and learning from Chuck Lieberman for a long time.  How long?  When I first met him back in the 1980s he was chief economist for Manufacturers Hanover.  I was having lunch with him on October 20, 1987, when the Dow dropped 508 points.

Very simply, when Chuck talks about interest rates -- I listen.  Which is why I'm passing along this brief article that he published yesterday.  Chuck's take is that the handwringing that has taken place over the past few weeks about inflation and rising rates is grossly misplaced.  The money quote:

"Near term, inflation is still more likely to slow down."

Take the time to read the whole article.  It's short and well worth your time.