Leading Deflationists in the Press

Originally published by Bloomberg on February 16, 2015 Read the original article.

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Deflationist A. Gary Shilling believes the decline in the price of crude oil is far from over. He makes his case in a February 16 Bloomberg piece titled “Get Ready for $10 Oil.” Here’s an excerpt: At about $50 a barrel, crude oil prices are down by more than half from their June 2014 peak […]

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Originally published by Telegraph on January 18, 2015 Read the original article.

Cycle of Deflation Revisited

In an editorial for the Telegraph, leading deflationist Roger Bootle discusses the distinction between “good” and “bad” deflation. With regard to deflation, the good/bad distinction is useful – but only up to a point. If aggregate demand is weak and that forces firms to cut prices and pay, then deflation is a sign of the […]

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Originally published by Business Insider on January 24, 2015 Read the original article.

Albert Edwards

Leading deflationist Albert Edwards spoke at Société Générale’s annual global strategy conference in London on January 13. The firm’s chief global strategist explained that for the coming year, he fears that “deflation will overwhelm the West.” According to Edwards, the biggest threat to global markets is deflation: “This is the year the markets really panic about […]

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Originally published by Telegraph on November 16, 2014 Read the original article.

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In a guest article for the Telegraph, leading deflationist Roger Bootle explains how lower oil prices will accentuate the move to lower inflation, which is already under way, and to eventual deflation, which increases the chance of a debt disaster. …the eurozone is perilously close to deflation, that is to say, a point at which overall […]

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Originally published by CNBC on November 13, 2014 Read the original article.

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Leading deflationist Albert Edwards explains his deflationary stance in a November 13 CNBC article. He stresses that while China’s first-quarter gross domestic product (GDP) data had been “virtually overlooked” by investors, there are important signs that declining prices were looming. “China’s Q1 GDP was highly significant, not for the headline slowdown in growth… but because economy-wide […]

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Originally published by Bloomberg on October 3, 2014 Read the original article.

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In part 2 of this article series for Bloomberg, Gary Shilling identifies warning signs he sees in the stock market, despite major indexes being near all-time highs. He argues that currency losses are one of the signs deflation is on the horizon: Currency translation losses for U.S.-based companies are already evident in emerging markets with […]

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