Kocherlakota suggests the country is closer to full employment than labor market gauges indicate (has the man never heard of stagflation ?). He reiterates his view the Fed should consider exiting ZIRP in 6-9 months. 5 comments!
Interest rates remain at 1%; the euro reacted positively to Draghi’s comments. Pointing to the experience of how stagflation in the 1970s was overcome, Draghi points out structural reform, not increased spending, is the the proper course of action
now going on 3 years of inflation "temporarily" above target even as the economy stagnates (otherwise known as stagflation ). Sticking to script, he expects higher rates will be necessary well before late 2014. Post your comment!
shown to influence the relationship between bond and equity yields.7 It has also been demonstrated that recurring bouts of stagflation explain why yields on fixed income and equity earnings move together.8 Much less theoretical and empirical research covers
companies probably don’t benefit from low growth, but rather the empirical result simply reflects the impact of the stagflation of the 1970s – the analysis reveals some broad principles. Source: Bloomberg 1/31/2012 First, investors worried
controls, the impeachment of President Richard Nixon, the Latin American financial crisis, the Iran hostage situation, stagflation , the savings and loan crisis, Long Term Capital Management’s implosion, the Asian contagion, Y2K and 9/11. These
elements in the developed Western world of stagflation and even biflation (when stagnation ..... simultaneously). In the late-1970s era of stagflation in America, new investment demand for silver markedly ..... closer to biflation than 1970s style stagflation . In other words, along with economic
income equality was the greatest (the lowest point on the chart). That was during the latter half of the 1970's - the " stagflation era". Those of us who lived through it know this was not a time of general prosperity - nor one most of us would like to
t typically appreciate over time. Now, put your collective thinking caps on and try to imagine how things would be if stagflation or even deflation takes hold in this country over a long period of time. Prices/value stabilize, or even fall, over
Stagflation officially makes its way across the Channel from the U.K. as Belgian inflation pops to 3.85% Y/Y in November, the highest level in more than 3 years, and against an economy that produced zero growth in Q3. Post your comment!