Jul
08

Popping Prices

PoppingWith bank lending very weak outside of commercial and industrial loans, global growth lackluster, Europe on the verge of deflation, a slightly appreciating US dollar and the number of unemployed workers still elevated, conditions don’t suggest a rapid rise in inflation. That said, the most likely place for systematic inflation to appear would be healthcare, housing and wages. Follow them closely but expect no major near-term rise.

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