ICYMI, Gina had the news posted overnight on analysis by the Bank for International Settlements (BIS)

Gina included a link to the BIS report.

One of the key risks noted is that services price inflation is likely to remain stubbornly strong this year and could cause central banks to delay interest rate cuts.

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I posted earlier on another reason to be careful of high equity prices:

But, everyone else:

What me worry
What, Me Worry