Updated Feb 19, 2021 | 09:42 IST Chris Wood says GREED & fear is taking the inflation scare seriously in the sense that GREED & fear is anticipating the first really justified inflation scare in the American economy. Representational Image Key Highlights Chris Wood: First really justified inflation scare in the American economy, on the post-Covid re-opening trade, since the start of the 1980s. Chris Wood: Asian and emerging market face inflation risk from recent surge in soft commodity prices Chris Wood: Easily anticipate a US$100-plus oil price if the health fascists ever allow the world to reopen again Chris Wood of Jefferies in his weekly newsletter has written in-depth about the US bond market sell-off, inflation worries, rising commodity prices and rising oil prices.