Just inches away from deflation: With all eyes on the recent euro-related turbulence, markets...

|By:, SA News Editor
Just inches away from deflation: With all eyes on the recent euro-related turbulence, markets are ignoring the rapidly vanishing core inflation in the U.S. and eurozone, Socgen's Albert Edwards warns. "With both moving below 1%, we are now only one cyclical mishap from joining Japan in outright deflation."