War on deflation

Interest Rates At Lowest Level In 5,000 Years: BAML

Highlighting the astonishing history investors are living through today, a Bank of America Merrill Lynch report states that interest rates are at their lowest level in 5,000 years. Michael Hartnett and team point out in their June 7 research piece titled “The Longest Pictures” that on April 28, the bull market in U.S. stocks became the second-longest of all time.

Interest rates: debt and deleveraging thwart war on deflation

Hartnett and colleagues provide a pictorial guide to . . .


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