Quote from Lars Svensen on 01/12/2021, 10:51 AM

Hi Cullen,

Thanks for all your great work here and especially in the last year. I was very tempted to get pessimistic early last year during the COVID outbreak and you helped walk me off that ledge.

Your comments on inflation seem to be coming true. I see 5 year breakevens exploding higher. Are you worried that inflation could get out of hand?

Thanks,

Lars