One of our advisers TSL sent through an excellent short video running through different inflation scenarios - they describe 6%+ as the 'red zone' ... 4-6% as 'amber' and sub 4 as 'green' ... for the US ...

They also talk about how markets respond to persistence in each of these zones ... clearly hanging around in the red zone for any period of time is bad ... and the greenzone is where goldilocks lives ...

I can't share the video on a forum like this ... but it was excellent as are TSL!! The thinking is bang in line with ours and I will magpie the nomenclature for sure!