Tavi Costa: A second wave of inflation is likely underway

Oh boy.

Global freight rate for containers just surged 61% this week.

Not the time to celebrate the end of inflation.

A second wave is likely underway.

H/t @dailychartbook pic.twitter.com/X9K2DZJDWR

— Otavio (Tavi) Costa (@TaviCosta) January 5, 2024