If inflation expectations are the catalysts for rising rates, then why aren't commodities rising? If people believe there are going to be higher input prices, then buying commodities now should make sense. But with the recent sell off in commodities(namely gold and oil), I believe the rising rates have to do with a growing distaste of U.S. debt among creditors. For two main reasons: one, an enormous and growing trade deficit, and two, a loss of confidence in the apparently "prosperous" U.S. economy. I do believe inflation is inevitable, but I think it is incorrect to attribute rising rates solely to inflation expectations. I could be completely wrong, so I want your guys' opinions.
Submitted February 10, 2018 at 07:29PM by markleal123 http://ift.tt/2C9z08r
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