by argentus maximus, TF Metals Report:
Recently I discussed a generalized sequence of money flow between the different asset classes as the business cycle rolls along it’s way like a ripple passing over the different sectors of the economy.
Today I’m going to do the same, only different! I want to look at correlation sequences, reminiscent of last time, to be sure but not quite the same thing. I would like to see whether the Central Bankers have succeeded and inflation is indeed returning to the West and Japan.
I am not going to assume that inflation means growth.
(That last phrase contains a summary of so many mistakes currently being made by those in charge. Doesn’t it?)
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