Inflation was lower in India and China. Good for consumer; not so good for extant demand.
Inflation is turning negative in Europe. Not at all good.
Near zero interest rates have not kicked up growth in Japan. Abenomics as yet ineffective.
USA yet the only economy that sees a shade of probable inflation by 2015. Some confidence there.
Purchases are the answer; both at macro and micro levels. With Christmas sales due, will consumers buy or decide to be austere? US yes, Europe neutral. Asia unsure.
With anxieties giving way to tensions and European policymakers pregnant with meaningless silence, today seems to be a day for falling equities, falling Indian Rupee, rising dollar and rising precious metals.
jaynayar@gmail.com
Inflation is turning negative in Europe. Not at all good.
Near zero interest rates have not kicked up growth in Japan. Abenomics as yet ineffective.
USA yet the only economy that sees a shade of probable inflation by 2015. Some confidence there.
Purchases are the answer; both at macro and micro levels. With Christmas sales due, will consumers buy or decide to be austere? US yes, Europe neutral. Asia unsure.
With anxieties giving way to tensions and European policymakers pregnant with meaningless silence, today seems to be a day for falling equities, falling Indian Rupee, rising dollar and rising precious metals.
jaynayar@gmail.com
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