It's not that I believe I'm
wrong about inflation to come, but my timing's completely off..!
«So he is
wrong about inflation, but he is right to worry about overvalued asset markets.»
Not exact matches
Bear in mind, however, that many economists and investors have been
wrong for years
about the direction of interest rates and
inflation.
Despite the fact that all the central banks have been woefully
wrong about nearly every single forecast they have made on GDP growth,
inflation and labor markets for decades, they enjoy an aura of infallibility which would be the envy of any medieval Pope because they succeeded in doing what governments by themselves were unable to do in 2008 - 9, namely stop and reverse the financial crisis.
As all the global markets were in sell mode St. Louis Fed President James Bullard hit the airwaves with thoughts
about being
wrong in his
inflation projections.
-- Now flush with confidence & becoming fearful
about inflation, he ploughs into a series of red - carpet property deals / syndicates — «bricks & mortar», my man, you can't go
wrong...