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Luke Gromen, founder and president of FFTT, LLC (Forest for the Trees), stated that inflation readings coming in above expectations have already started to materialize and suggested that additional strong inflation data will likely follow soon.
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Gromen previously noted that Americans under 49 collectively hold $10 trillion in debt and warned of AI-driven job risks threatening U.S. bank capital. He has also observed that stocks lagged behind gold each time the Buffett metric adjusted for federal debt reached 100 percent. His recent comments on inflation add to a series of market risk observations.