Friday, May 27, 2011

Global inflation here we come

Super Inflation © fintag

News comments:
Japan is on the verge on inflation.

This headline is quite alarming because after years of printing money QE style, almost zero interest rates, all in an attempt to kick start an economy, they have achieved inflation (bloomberg)

Along with QE from the Fed and ECB, the money supply is looking too healthy and prices are starting to rise.

A day of cheer? That is for another blog post.

Today's shorts:
Royal Wedding Boost (reuters)

Today's longs:
Messi Bonus Day (bloomberg)

Gossip:
Greece to be put for sale on eBay.



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