The war on equities
TME on the crazy calm in equities. The current equilibrium won’t hold, argues Deutsche Bank’s Henry Allen. Rates markets are still underpricing the inflation pressure ahead, with only modest tightening cycles priced across central banks. Either inflation rolls over, or rates need to move higher. If it is the latter, risk assets will eventually have The post The war on equities appeared first on…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
