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Are Central Banks Exaggerating Deflation Risks?

Deflation is portrayed as the great economic scourge. It exacerbates debt servicing costs and encourages consumers to defer purchases. Central banks in Japan and Europe have responded with aggressive, unorthodox measures, often combining asset purchase...

2014 outlook - MarketExpress

2014 Outlook: Not so bad

US: The broad characteristics of the investment climate are unlikely to change very much in the first part of next year.  The largest policy change is the  beginning of the long awaited slowing of the Federal Reserve’s...