Here’s my entry for Overlooked Chart of the Year. It shows how the S&P 500 (in blue) and the market’s inflation expectations (the 10-year TIPs spread in red) have been waltzing partners for the last four years.

Here’s my entry for Overlooked Chart of the Year. It shows how the S&P 500 (in blue) and the market’s inflation expectations (the 10-year TIPs spread in red) have been waltzing partners for the last four years.
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Central Banks now have to accept that modest inflation will create jobs and stimulate spending
Austerity will lead to a recession and then a depression