Precedent suggests that policy dominates outcomes, and policy is now pro-inflation, especially in the US.
In investing, a kneejerk contrarian is more often wrong than right. Equally, above-average performance will not be achieved by being consensual. The best money is made when you have an out-of-consensus view that turns out to be correct. But you have to pick your spots.
You can now read the full whitepaper at the link below