Ira Jersey believes it was a mistake for the Federal Reserve to adopt a hard 2% inflation target because it reduced policy flexibility.

The market is pricing the recent 4.2% year-over-year CPI print as the peak inflation reading for the current economic cycle.

The current financial system does not have the same level of leverage or "gearing" as it did in the period leading up to the 2008 financial crisis.

The financial markets are currently pricing in an interest rate hike by the Federal Reserve by the end of this year.

The inflation swap market is pricing the next CPI report to be the peak for the year at around 4.3%, with expectations for inflation to fall below 4% thereafter.

The recent global bond market sell-off is partly driven by serious long-term fiscal health concerns in Japan and the United Kingdom.

A Bloomberg Intelligence survey indicated that most investors do not believe the Federal Reserve will be able to significantly shrink its balance sheet.

A Bloomberg Intelligence survey found that over two-thirds of respondents expect the US Treasury yield curve to steepen under incoming Federal Reserve Chair Kevin Warsh.

The percentage of sectors within the core U.S. CPI experiencing declining prices has fallen from nearly 25% six months ago to only 10% today.