Note: this is an unedited draft chapter section from my inflation manuscript. I am not too happy with this, but perhaps getting savaged on the internet might give me some additional things to add. This section follows more detailed discussions of equities and residential real estate.
We will now conclude this chapter with some general comments on the relationship between inflation and the overall financial markets. What we see is that there are some areas of direct linkage between inflation (as measured by a consumer price index) and some financial assets, other assets have a more complex relationship. As a result, making generalisations is difficult – equity prices are not going to move the same way as the prices of cheesy snacks at your local convenience store.…
Bond Economics
Financial Markets And Inflation
Brian Romanchuk
Brian Romanchuk
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