It’s the Economy, Stupid, The Case for $100 Oil, and Developing San Francisco 9/13/23

Core inflation coming in a little hotter than expected in August, but the street taking it in stride. If we’ve exited what one economist calls ‘the regime of high inflation,’ what should investors be watching now? And speaking of a bump in inflation, Bank of America sees $100 oil as a possibility by year-end. Plus, buying buildings at land prices…a West Coast-based commercial real estate developer tells us what he’s got planned for San Francisco.