‘The return of inflation’ has been a hot topic with fund managers for 10 years or more. Many seem to think it’s inevitable, but it has only reared its head in an ugly way in tanking, mismanaged, Turkey-style economies. It’s also seen as a positive sign of growth, a good thing in moderation, like having children or the odd glass of wine. The downside, of course, is that interest rates are usually put to control it by making sure we and businesses can’t afford to buy the odd glass of wine, so prices have to (theoretically) come down. As interest rates have been so low for so long, that would indeed be a big shock to the system.
“Donald Trump is winning. Business, beware”
There’s a perception that whatever might be the consequences for the rest of the world, Trump as President should be good for business. Surely, as a business man himself, he’d be the friend of Corporate America, and everything, money-making-wise, went pretty well last time around didn’t it?
