By any account the U.S. equity market is having a stellar year. Stocks have benefited from easier financial conditions, which have in turn pushed up market multiples. By a happy coincidence, gains in market multiples have exactly matched the 15% gain in the S&P 500 Index. But while stocks have benefited from cheap money and […]
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source https://thebtrader.com/2019/06/25/the-risk-of-too-little-inflation/?utm_source=rss&utm_medium=rss&utm_campaign=the-risk-of-too-little-inflation
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