Bloomberg View - 13 Jan 2015
The biggest economic issue of this year: whether global deflation will take hold or not. This is a very short piece that documents how deflation “is stalking the world”, including in those countries doing better, like the UK (disinflation rather than deflation, but still…). The main consequence for investors: nobody knows when the Fed will start raising interest rates, not even the Fed itself.
Published in Weekly selection 17 January 2015