Weekly Strategy Perspectives - Inflation – Deferred or Denied?

Week Ending 07-18-2025. The Through Line: After years of being so low it could largely be ignored, inflation is once again headline news. This week’s readings of several key yardsticks, plus a bevy of bank earnings and more tariff news, give us the perfect opportunity to do a deeper dive into the topic – outlining what matters, what doesn’t and how best to interpret the impacts on economic activity.