Strategies for Surviving Stagflation in the U.S. and Asia [View article]
clh: If you don't understand the difference between cost-push and demand-pull inflation maybe you need to go back to school and take Econ 101. The bottom line is that unless wage growth explodes (has remained fairly flat) inflation will be limited to commodities. Again, we will NOT see any chance of a rate hike this year and traders better get used to that. We are facing record bankruptcies in the housing sector, rising loan delinquencies, and stagnant wage prices. All of this makes it virtually impossible for the Fed to raise rates this year. We are on the verge of a precipice and a rate hike would push us over the edge. Be careful what you wish for.
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clh:
Jun 25 14:20 pm
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All Comments by yank »Strategies for Surviving Stagflation in the U.S. and Asia [View article]
If you don't understand the difference between cost-push and demand-pull inflation maybe you need to go back to school and take Econ 101. The bottom line is that unless wage growth explodes (has remained fairly flat) inflation will be limited to commodities. Again, we will NOT see any chance of a rate hike this year and traders better get used to that. We are facing record bankruptcies in the housing sector, rising loan delinquencies, and stagnant wage prices. All of this makes it virtually impossible for the Fed to raise rates this year. We are on the verge of a precipice and a rate hike would push us over the edge. Be careful what you wish for.
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