Nadeem Walayat on Global Trends in 2008-09

“Major Trends – Inflation, interest rates etc
I am relying on previous analysis that the graph below illustrates on interest rate and inflation expectations in that once the US economy stabalise’s from the dropping like a stone phase, the Fed will reign in inflation during 2009, especially as the high rates of inflation from earlier months leave the 12month indices. The consequences of this is for a US dollar bottom BEFORE the event
– sometime this year and therefore become a disinflationary contributor to inflation during 2009.”

Read more of this interesting analysis at GoldSeek.

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