Has Inflation Peaked?

Data came out last week that inflation is now at 8.5%, climbing again from prior readings and slightly higher than estimates. Has inflation peaked?

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LINKS: https://twitter.com/charliebilello/status/1513859016417554436?s=20&t=tvB3QO7b1jwnXo_aDmAbPw
https://twitter.com/RyanDetrick/status/1512500177726226438?s=20&t=MU8fUxwKn_qUa9LZvzz_1Q
https://www.cnn.com/2022/04/08/business/china-shanghai-covid-lockdown-economic-impact-intl-hnk/index.html
https://www.nytimes.com/2022/04/05/opinion/ukraine-war-food-crisis.html

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.