---
title: "In our 2024 \"10 surprises 2024\" (see link below), we had surprise #6: \"What if inflation rises again?\""
description: "The idea here was that inflation could experience a second wave similar to that seen in the 70s and 80s. And this would lead inflationary assets (e.g., cyclical stocks) to catch up with deflationary assets (e.g. technology stocks).\nBelow an uopdate chart (courtesy of HZ on X) taking into account yesterday's US cpi print... Has a second inflationary wave begun? \n\nhttps://lnkd.in/eDPyFa_9"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [In our 2024 "10 surprises 2024" (see link below), we had surprise #6: "What if inflation rises again?"](https://blog.syzgroup.com/syz-the-moment/in-our-2024-10-surprises-2024-see-link-below-we-had-surprise-6-what-if-inflation-rises-again)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 11, 2024, 1:07:30 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/in-our-2024-10-surprises-2024-see-link-below-we-had-surprise-6-what-if-inflation-rises-again)

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