Will Relatively Low Inflation Expectations Persist In 2013?
From The Capital Spectator
January 3, 2013 - 4:47am
The new abnormal is still with us in the new year, but will 2013 break this strange relationship? I'm referring to the unusually close positive connection between the stock market and the implied inflation forecast via the yield spread between the 10-year Treasury Note and its inflation-indexed counterpart. Historically speaking, expectations of higher inflation haven't been a reliable source of...
To read the full story, visit CapitalSpectator.com
Continue reading this article »
Share This Article: