Picture du Jour: Prepare For Higher Inflation In The US
By Prieur du Plessis on November 2, 2009 | More Posts By Prieur du Plessis | Author's Website
The graph below shows the historical relationship between the annual change in the oil price and the year-on-year change in the US Consumer Price Index.
Should the oil price remain around current levels, the CPI is bound to rise markedly. It comes as no surprise that gold bullion and Treasury Inflation-Protected Securities, or TIPS, have been relatively solid performers over the past few months.
Source: Plexus Asset Management (based on data from I-Net Bridge)
If you like this article please...
Leave A Comment :
Recent Market Opinions:
AIG And Its Counterparties
Positioning For Year-End
Why Pimco’s Fleeing From Mortgage Debt Into Government Debt
US Bonds Are Blasting A Warning
US Housing Has Never Been More Affordable
Recent News:
Estonia Q3 Avg. Gross Wages And Salaries Decrease Further - 7 mins ago
German GfK Consumer Sentiment Weakens Unexpectedly - 9 mins ago
Australian Market Ends In Positive Territory - 15 mins ago
*German December GfK Consumer Confidence Falls To 3.7 From 4 In November, Consensus 4 - 27 mins ago
*Estonia Q3 Avg. Gross Wages And Salaries Down 5.9% On Year - 32 mins ago
Opinions From Our Contributors



