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But we saved everything 🙂.
Lyn Alden, founder and CEO of Lyn Alden Investment Strategy, remarks on the persistence of above-target inflation dating from spring 2021 to the present, pointing out that concerns over "low inflation" are firmly resolved.
Alden highlights that inflation has remained elevated for more than five consecutive years, suggesting a significant shift from previous economic worries about low inflation.
Earlier this year, Alden reported that unrealized losses at U.S. banks had dropped to $300 billion, a significant decrease from $700 billion in 2023, according to her analysis here. In a separate observation, she noted that the Bank of Japan maintains considerable reserves and can impact market sentiment among yen bearish traders here. These recent commentaries reflect Alden's continued focus on global financial trends.