Click on chart to enlarge, courtesy of Societe Generale.
Wednesday, April 13, 2011
Chart Of The Day
Inflation fear mongering by economists at Societe Generale. Following the lines in the chart one should assume that 2012 should be key for US, as Chinese CPI leads the US core CPI ex services by 20 months ...
Click on chart to enlarge, courtesy of Societe Generale.
But should NOT the US core CPI ex services move south still some time before turning up, if one believes in this relationship?
Click on chart to enlarge, courtesy of Societe Generale.
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