November 7, 2017
The Fed and ECB have been telling markets that inflation remains below their 2% target rate but many high-profile economists, even at the central banks, are puzzled about the low rate. In my latest article for Seeking Alpha, I outline why I believe central banks and monetary authorities do not measure the metric properly and why the fact that the stock market has exploded to the upside is a dangerous sign of financial inflation that could be coming to prices across all other asset classes sooner rather than later.
Article: Is Financial Inflation Raging?
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