The size of the millennial generation is to blame for sky-high inflation, strategist says - CNBC

"The last time we saw what we call 'wolverine inflation' ... was when 75 million baby boomers replaced 44 million silent generation people in the 1970s," Smead said.

Soaring inflation is putting markets on edge and triggering fears of a recession. The latest consumer price index data this week revealed a searing 9.1% increase year over year in June, prompting Tre… [+5906 chars]

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