in last 20 years we haven’t inflation because of the world market expansion+lower price level in large part of emerging market which pull down the prices despite big money supply.
Now Chinese + south Asia, people standard is close to developed world and for too much money won’t be enough goods.
So, yeah inflation is coming. We can see it in food market and other commodity markets. When Also China will decide that it is enough of goods dumping policy and decide that tgey would like to get yuan instead of fiat USD, then perfect storm will emerge
You try to pull out positive news for any cause. What succes is this trade unbalance? Otherwise their import fall 12%, which is quite disturbing, because they are one of the biggest world importers, but you don't report about that.
well,. . It was biggest rally in last 4 months.. . Nothing was rejected, but rally was little short to go through resistance.. . Usually such rally last more then one day..
who care about this hikes.. . We are going to recession. Strong dollar did all the job needed. After it will be announced, there won't be any hikes more.. . And FED helped with this rate hikes panicking to get recession faster.
it is not just oil.. . Big majority of commodities are on 10 years lows.. . And they ar not only railroad connected, but a lot of service industry, a lot of machinery, ..... . you name it who....
" Its is indeed the function of the central bank to set market expectations in order to manage price levels.". . No it is not. . . Function of ECB is to manage common monetary policy of group of states that consist EURo zone. In the best interest of this states, which is sometimes far from the best interest of world equity markets and players that have interest there.. . In current period EURozone have threat of deflation that is inspired by strong dollar. Wished "dovish" measures from US markets would make dollar even stronger and deflation even more acute.. . So Draghi has problem to explain this to members that his cure is at the same time cause of disease.. . .