“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Deflation Fear Takes a Short Break
The long bond ETF (TLT) has retreated to fill the gap up from the latest deflation scare back in August.To read more about deflation and possible economic contraction still ahead, check out The Automatic Earth.