Category Archives: inflation

Has the private sector left the Kondratiev Winter?

Real hourly wages in the US private sector peaked in 1978 – a date close to when Tony Boeckh (formerly of BCA) gives for the peak in the Kondratiev cycle in his recent book “The Great Reflation”. (For more on … Continue reading

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Prospects for risk assets as employment recovers

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Roaring Inflation, But Not Yet ?

  A longer note later, but I wonder if we are setting up for a pullback in the reflation theme.  DSI sentiment index on the dollar is 3% bulls, a pretty extreme reading.  And we have a nice cover story … Continue reading

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