Jump to content

Van Hoisington commentary


valuecfa
 Share

Recommended Posts

I see that they're sticking to their previously expressed views on long term treasuries. "Four percent nominal rate, one percent current inflation, therefore treasuries will rise over coming months/years." 

 

These guys are way smart, so they know about the central importance of inflation expectations and they know that the current year's inflation means bugger-all for a long term treasury.  Despite QE2, they still seem to think that deleveraging will drive low inflation or disinflation.  Interesting.

 

Let's see what Prem & co do.

 

SJ

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...