In April 2019, Bloomberg Businessweek magazine’s cover story asked “Is Inflation Dead?” The subtitle accompanying it was “Did Capitalism Kill Inflation?”  I recall thinking at the time that this story was probably a contrarian indicator. It reminded me that nearly everyone in the financial world was ignoring the threat of inflation. It also has similarities to an infamous BusinessWeek cover story from 1979 titled “The Death of Equities.” Stocks had performed miserably for a…