April 28, 2017 6:04 AM
The question is: Has the aircraft carrier of rising global inflation finally left port?
Big fiscal stimulus planned in U.S. with labor shortages. Hmm…. And tariffs on imports increasing.
Even China has reversed its deflationary forces.
You know when aircraft carriers build up a head of steam, they are difficult to turn and slow down. I once read that “it took 4 nautical miles at full reverse to stop the carrier”, USS Forrestal.
But, we have no doubt, central banks are going to allow inflation to run hot for awhile. Beats and easier to contain than deflation. That is until they panic.
The return of inflation a new market theme? Stay tuned.
Euro zone inflation jumped to 1.9 percent in April from 1.5 percent in March driven by energy prices, flash data showed Friday. Inflation is now at its highest level since 2013.
The biggest increase among the main components was seen in services, which rose to 1.8 percent from 1 percent in March. – CNBC
Posted by macromon
Categories: Euro, Fiscal Cliff Monitor, Inflation/Deflation, Uncategorized, US Releases
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And which way is the carrier headed?
Sent from my iPad
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By Larry R. Wagner on April 28, 2017 at 8:15 AM
North Korea peninsula. No, that is fake news!
By macromon on April 28, 2017 at 8:31 AM