Global Rebalancing Will Come, But With Stagflation [View article]
Like Jeremy Grantham I believe we live in a resource constrained world and the financialization of commodity markets along with emerging market growth and domestic polices, which are shockingly similar to ours, has simply brought forward the inevitable price increases in tradeables, raw materials and agricultural products. And it should not be left unsaid the Fed has played a pivotal role in accelerating these developments.
Global Rebalancing Will Come, But With Stagflation [View article]