- Doesn’t see broad based deflation in the US
The ball hasn’t really started rolling yet but falling inflation around major economies will start to play on the markets mind if we get another round of lower figures.
The big fear with QE was higher inflation which hasn’t materialised. If we start seeing sub 1% inflation then there’s going to be some nervous central banks who don’t have an awful lot in the locker to combat deflation.
- Dodd Frank doesn’t solve too big to fail
- Sees problem of scale , scope in largest banks
- There is no QE infinity
- Sees massive housing boom
- Personally would like to see Bernanke stay
Comments were in an interview with CNBC