
Asset Allocation
Putnam: Why Inflation May Help the Stock Market
If the CPI stays below 6%, equities gain, but a 1970s surge is harmful to them, the firm calculates.
If the CPI stays below 6%, equities gain, but a 1970s surge is harmful to them, the firm calculates.
The central bank’s greater openness these days fuels risky behavior and thwarts flexibility, some say.
There are three reasons why, after long dwelling at subterranean levels, the cost of money will eventually poke its head up.
Shiller, Yardeni, Yellen, and El-Erian trash this feared recession signal as off-base nowadays.
Markets continue to anticipate muted inflation, and the Federal Reserve to contemplate rate hike in December.