What do you get when you combine the deflationary Great Depression with the stagflationary 1970s?
March 26, 2012
Financial Times: UK pensions crying out for inflation-linked gilts
“Our clients need 30-60 year inflation-linked bonds and more of them,” says Gavin Orpin, a partner at Lane Clark & Peacock.
“We are in a situation we have never seen before; something like Japan with inflation,” he says.
All your gilt are belong to us.
Tuesday: Personal Income and Outlays, Case-Shiller House Prices, Chicago PMI - Tuesday: • At 8:30 AM ET, *Personal Income and Outlays* for April. The consensus is for a 0.4% increase in personal income, and for a 0.7% increase in perso...
2 hours ago