October 31, 2016

WHEN YOU HAVE TO REFLATE BACK TO FLAT...:

Global reflation: still weak and patchy (Gavyn Davies, Oct 30, 2016, Financial Times)


The great global disinflation in the advanced economies started in 1982, flattened in the 1990s and 2000s, and then nosedived towards deflation as commodity prices collapsed in 2014-15. For much of that final period, deflation fears dominated global bond markets and, to a lesser extent, equities and other risk assets. But there have been signs during 2016 that markets have edged away from a regime of "deflation dominance", and we have seen partial signs of reflation.

Posted by at October 31, 2016 1:38 PM

  

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