My gut tells me things are going to end badly. Just not sure if it is high inflation (another 1970s) or bad deflation (another 1929/2008) and what is the trigger, China, Oil....? In the mean time I am thankful for asset price inflation.
Everyone (me included) hope for a soft landing and I am rooting for Yellen to succeed.
Everyone (me included) hope for a soft landing and I am rooting for Yellen to succeed.