I watched this stuff last time, amazed by the lack of inflation. Sure, “This time it’s different,” but those are the four most costly words on Wall Street.
“Companies figured out they do like to raise prices. But we also hear a lot from companies these days that consumers have really had it with price increases.”
Big changes in life, corporate switcheroos from working-remotely-forever to return-to-the-office, job changes, natural disasters, etc., force their hand.