Inflation ahead? It is “arrogant” to assume developed world economies are headed towards deflation, says a Deutsche Bank Konzept research report. The same people that unwisely “dismiss inflation out of hand” due to a lack of wage growth – the report particularly pointed out Larry Summers on this issue – need to look at all the information, not just that which supports their economic thesis. “Here is the conclusion upon which these facts are based” does not lead to a rigorous academic examination of issues and does not shed light on realistic probability paths ahead. US unemployment, as measured using a…
Deutsche Bank Says Inflation Ahead, Points To Summers
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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