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Inflation Will Cool, but Only Briefly. What to Expect.


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Grocery shopping in San Francisco on Nov. 11, 2021.

David Paul Morris/Bloomberg

This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.

Wage-Price Spiral Is Coming

BCA ResearchNov. 19: In past reports, we have contended that inflation in the U.S. and, to a lesser extent, in other major economies would follow a “two steps up, one step down” trajectory of higher highs and higher lows.

We...