No Inflation? Some Real Market Perspective
In light of today’s fantasy inflation report (see the Big Picture for more details), I would suggest checking out yesterday’s interesting editorial by Jerome Booth in the Financial Times. While Booth doesn’t specifically address inflation, he surveys the current global macroeconomic picture and draws some interesting conclusions. A handy reminder to keep your eye on the long term.
INSIGHT – JEROME BOOTH: Emerging markets add weight to global rebalancing act
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Sorry Inflationistas, But This Chart Proves You Were Wrong
(Wall Street Daily, 10/21/11)
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