The End of Deflation ?
Is this how deflation ends? Ever since QE 2 funny money started 9 years ago, economic thinkers have wondered how all this foolishness would end. I find it interesting that since the June 5th Macro Pivot Point all four legs of the economic stool are higher, gold and bonds the most, stocks and commodities following.
Some weeks ago we talked about how the interest rate downside blowout was building, it is getting close.
What does this mean, we are getting closer to the top in bonds and a dramatic rise in interest rates from there. There is no way that all the stimulus being thrown around is not going to have an impact.
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