Most Are Unprepared For The Coming Persistent Inflation Shock

Zero Hedge: For the past two years, JPMorgan’s head quant and resident permabull, Marko Kolanovic, has been periodically predicting an imminent rotation out of growth and into value stocks (a rotation which had failed to take hold until earlier this year when we finally saw some glimmers of value outperformance). “Come now, you rich, weep and howl for the miseries that are coming upon you.” James 5:1 Most recently, Kolanovic predicted in February that March would see a