Thursday’s links

  1. New Inflation Developments Rattling Markets, Economists – NY Times
  2. US stocks are not cheap yet – FT Unhedged
  3. Fed actions to fight inflation will hurt rest of world – Bloomberg Opinion
  4. Inflation fight was always going to be ugly – FT Unhedged
  5. Fed must avoid Volcker’s mistake on inflation – FT Opinion
  6. Investors face poor macro backdrop, limited choices – MarketWatch
  7. Putin vs Europe – The Long War – Macro Compass *

*  Also appears on the Recommended Articles tab