Posts Tagged ‘Lehmanesque’

Notes From Underground: The Inflation Fears are Muted as a Renewed Threat of Deflation Appears on the Horizon

June 12, 2011

Global equity markets have been under pressure as the economic data from all regions of the world has been weaker than expected. British industrial production numbers were horrid and other areas in Europe have also experienced worse than anticipated activity. Low-money rates have been successful in pumping up many asset classes, especially since Jackson Hole Speech of August 27, 2010. The developed world’s CENTRAL BANKS have been creative in finding ways to keep REAL INTEREST low if not outright negative, making investors holding of cash a losing endeavor.

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