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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (94627)5/28/2008 5:39:16 PM
From: John Vosilla  Respond to of 110194
 
"Thanks to sound monetary policies, inflation worldwide had stayed low in recent years."

I could be wrong but I interpreted that to mean the period after Volcker did his dirty deed and up to the NASDAQ collapse in 2000.. Recall fed funds was consistently above just about any inflation measure from 1985-2000. Folks were shocked when fed funds dropped to a wopping 3% for a short time around 1993 the one possible exception.....


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