April 2014 Longbrake Letter
Now that spring has sprung, the U.S. economy is beginning to look a little more spritely. But someone forgot to tell the stock market. Perhaps the stock market’s recent snit is reflecting nascent anxieties that faster economic growth will unleash inflation. In this month’s letter, Bill Longbrake discusses recent improvements in economic activity and examines whether inflation will be the next big problem faced by the U.S. economy, or whether deflation is really the greater threat.
To read this month's letter, click here.
To read past issues, click here.