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James E. Thorne observes that as U.S. President Donald Trump's Iran deal takes effect and the supply shock eases, durable goods remain in deflation even as oil prices trend back toward the 60s.
He also comments on ongoing concerns about inflation, suggesting that the current debate in research circles may not be fully supported by underlying market data.
Thorne previously assessed the impact of accelerating digital technology on S&P 500 earnings growth. He also discussed the AI super cycle and set an S&P 500 target of 14,000. These earlier views focused on technology-driven trends shaping major equity benchmarks.