One of the mysteries of the post-financial crisis world is why the U.S. has lacked inflation despite all the money being pumped into the economy.» Read More
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One of the mysteries of the post-crisis world is why the U.S. has lacked inflation despite all the money being pumped in.
Bove sees a scenario in which long-term financing that has come with fixed interest rates is endangered as mortgage buyers dry up.
A major investment firm is getting ready for the next market downturn by seeking to raise a massive pool of capital for distressed bets.