In real life shit has consequences. Eejit schoolboys need to figure that out
53 minutes ago
Roubini Topic Archive: Macroeconomy
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Perception vs Reality – Is There Really an Inflation Worry?
This week’s release of CPI and PPI confirmed our worst fears that inflation would persist despite a weak economy. A full 45% of people surveyed by Kathleen Hays’ show, The Hays Advantage, said that stagflation was the most likely economic outcome. Another 40% said inflation was most likely and only 10% thought disinflation would prevail. [...]
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Setting the stage for QE III?
Despite dissension and many legitimate questions about the efficacy of continued non-standard monetary policy tools the Fed is, in our view, very likely to seek additional tools to stimulate growth. They are not, however, likely to engage in additional Large Scale Asset Purchases (LSAP) or quantitative easing as the market calls it unless we see [...]
