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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: stockfiend who wrote (78688)	5/4/2008 10:42:19 AM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 116555

No, not at all. If you want to call it stagflation right now then fine, but then you can't call the 1970's stagflation. My point is that this is NOT the 1970's therefore using the same terminology to describe the current environment and that environment is fallacious. I personally do not agree that what we are in is stagflation. To me, the "flation" in stagflation infers "inflation". And in an inflation, I would be bearish on bonds. I am not bearish on bonds relative to other most other risky asset choices (stocks, real estate,...) for the next few years at the very least.