Feeling DisinflatedMark Melin
In a world where globalization and digitalization are converging in ways as never before seen, considering basically non-existent worldwide commodity price appreciation can result in a disinflationary feeling that won’t go away by taking a couple of aspirin and sleeping it off. In fact, there is an “inflated optimism” that HSBC Strategists Daniel Fenn and Mark McDonald say inflation targets should get a reality check. The question becomes: is this a structural issue or does it point . . .
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