Rates Spark: Inflation expectations on the march again | Metals Mine

  • Rates Spark: Inflation expectations on the march again

    From think.ing.com

    Monday saw President Trump have a remarkable effect on market pricing, taming the price of oil in particular, mostly on the carrot of an earlier-than-anticipated end to the Iran war. See here. Tuesday saw little change to the onslaught, and words to the effect that the job was not quite done. Wednesday was dominated by the creeping realisation that we were midway through week two, and most likely heading into a third week, at the very minimum. One positive, post the President's comments on Monday, is the holding pattern for the oil price. It collapsed below Monday's highs, and has held broadly steady since. No doubt ... (full story)

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