Mish Shedlock* Sees Deflation Ahead"The dollar is ahead of itself, treasury yields are ahead of themselves and they are pricing in this massive inflation here that I don't think we are going to see, at least in the short term. I think there is another deflationary scare coming up first because of a global trade bust. There are some pretty severe deflationary undercurrents occurring and a collapse in global trade is a real possibility! .. I think we are on the verge of another deflationary bust here.We will see if trade tips the scale, whether a rising dollar tips the scale, whether protectionism tips the scale or simply rising interest rates and Fed rate hikes tip the scale." .. video discussion between Gordon T Long* & Mish Shedlock*.
LINK HERE to the summary
LINK HERE to the video