Albert Edwards, strategist for Societe Generale and one of the most astute observers of the global market and economic scene says that the giant global money pump that has been fueling inflation may go into reverse soon as the US trade gap begins to narrow. It's this trade gap which be believes is responsible for raising commodity prices across the world. If this is right, the Fed may not have to raise rates but instead may be looking at a lack of growth and more recession fears.

 

Submitted: Jun 22, 2008    Views: 175    Comments: 0    Likes: 1   


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