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  • Prices in the US could keep going up if the US doesn't "reindustrialize" its economy, Richard Bernstein said.
  • The US has a "massive" trade deficit at a time when world trade is becoming fragmented, he noted.
  • Deglobalization could disrupt supply chains and push up costs, market experts have warned.

Inflation will climb higher if the US economy doesn't reindustrialize its economy, according to investment manager Richard Bernstein.

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economy, us-economy-outlook, us-inflation-outlook, Infrastructure, trade-deficit, us-trade, made-in-america, industry, Deglobalization, world-trade, richard-bernstein-advisors, us-economy-and-markets, infrastructure-bill
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US inflation will soar if America doesn't undergo reindustrialization, investme…