Discussion about this post

User's avatar
Matt's avatar

Hi Alan, curious about your thoughts regarding the inflation vs. deflation debate I am seeing crop up more often across the financial crowd I follow (e.g., Zerohedge, Mish, Doomberg, Quoth the Raven, etc.). The deflation crowd continues to point to the decreasing bond market rates as a sign inflation concerns are overblown. My quick take is bond traders haven't experienced this type of economic environment and thus don't know how to trade in it so we can't put much stock in what that is telling us. If it's easier feel free to respond in a post. I posted this same question to David B on his substack. Thanks in advance!

Expand full comment
David B's avatar

20 basis points in a week?! Holy shit.

Expand full comment

No posts