"With extreme inflationary and deflationary
forces at work, markets have oscillated between related panics. Guy
Wolf, global head of market analytics at Marex Spectron, a commodities
broker, said that with hyper-inflation, it does not matter whether it is
a bushel of corn or a barrel of oil – prices will rise in nominal
terms.
He said: “What you will find is that
everything moves simultaneously intraday, particularly in the indexed
commodities. In that sense, some are becoming more equity-like. Examples
of this would be energy and metals products such as oil and copper."
umm yeah...ya know its ...all this "hyperinflation" that we have been experiencing
Since January 2000 the average inflation rate in the CPI (annualized) has been ...drum roll...2.42%. Since January 2009 when Barak Obama and Ben Bernanke began their conspiracy to debase the greenback the average inflation rate in the CPI (annualized) has been...louder drum roll...2.21%. And in case you are wondering - over the last year the average inflation rate in the CPI (annualized) has been 1.73% See here for data.
Btw what is the requirement to become a global head of market analytics?
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