Quote of the Day

"Although inflation is high now, past episodes of runaway inflation did not manifest in one or two years; they were a result of years and years of policy mistakes and economic trends. If we are to have a long-run inflation problem, it will take much longer to show up."

(Adam Ozimek)

Chart of the Day

Berkshire Hathaway ($BRK.B) stock is consolidating.

(allstarcharts.com)