Mike Malone, equity sales and trading analyst at Cowen and Company, told CNBC’s “Squawk on the Street” that strong growth isn’t fueling inflationary fears.
“Recent inflation data, at least in the United States, has been very benign,” Malone said Thursday. “I think that’s a trend we’ve been seeing for some time. I think there are some areas where you’re seeing inflation, particularly in commodities.”
He offered a different view of China’s imports and exports.