EICKnotes for Oct 28, 2013
1. European Debt Still There
2. Where has all the inflation gone?
Some officials are worrying that we don’t have enough inflation, suggesting that QE won’t end anytime soon. (NYT). Others are more afraid than ever that QE is breeding the mother of all bubbles that will pop in a spectacular fashion (Mauldin). They may both be right.
3. China’s growing strength and instability
As China prepares for it’s annual policy making convention (Bloomberg). Signs of both economic growth and increased instability continue to grow. (FT), (NYT Magazine), (WSJ), (China Financial Markets).