The fear of deflation is beginning to wain. After falling for five straight months, US inflationary expectations are again starting to rise. This is consistent with a recent trend in the bond market, where long term yields on government paper have also increased.Could it be the combined effect of a massive fiscal spendfest and the Fed's threat to crank up the printing presses?
Oh Alice, you sweetheart. I yearn for you, darling.
ReplyDeleteHere's your Valentine's card.
Mwuah !!!
xxx
http://www.tescovaluecards.com/static_files/valentine.jpg
Well, that was weird.
ReplyDeleteInflation (US now UK in 6-8 months) heading upwards to dissolve all that unaffordable debt - surely not ....
ReplyDeleteThe mystery is why anyone would think this isn't the plan.
You'll have to add more numbers to the Y axis when June's figures come in!
ReplyDelete