Deeper Analysis
U.S. Debt: Is the Inflationary Threat Over- or Understated?
September 11, 2012
In spite of the larger Federal Reserve balance sheet and increased U.S. fiscal debt, I do not see a compelling threat of a substantial U.S. inflation problem developing within the next five years. Here are three reasons why. Chronically Slow Real Economic Growth It took many years for the conditions that allowed the inflation […] More
New Overnight Developments Abroad - Daily Update
Softer Dollar
September 11, 2012
The dollar has lost 0.6% against the kiwi, 0.5% against the euro, 0.4% versus the loonie and Australian dollar, 0.3% relative to the Swiss franc and yen, and 0.2% against sterling. The yuan is steady. The euro strengthened to $1.2821, its firmest level since May 21st. Euro debt concerns continued to weigh on European equities, […] More
