Archive | June, 2014

World Inflation Remains Suppressed

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World inflation, measured using the consumer price indices of 33 countries and the producer price indices of 22 countries, remains relative stable and low through the end of May. The average year-over-year change for consumer prices around the world was 1.85%. This is just slightly above March’s three year low of 1.8%.

Yield Plunge Implications for Cyclical Performance

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This year’s steady decline in French and German 10-year bond yields accelerated this week, with French OATs making new all-time lows: France (1.60%) Germany (1.26%) Whether prompted by a lack of confidence in the ECB’s announcement of various supportive measures earlier this month, unimpressed by less than encouraging data out of the region, or spooked