We haven’t heard the “D” word tossed around in a little while! What a welcome Saturday morning change up, as market technician Frank Barbera explained to Jim Puplava that the markets could be facing a deflationary headwind in the near term.
Barbera cited the diminishing effects of each QE event (a point also made by 300 North Capital’s Rick Campagna). He concedes that we could ultimately see inflation return in the end, but that it may come after a nasty wave of deflation spurs the central banks to new levels of money printing – as the market appears to be yawning at current levels.
This interview is a free one, and you can listen to it at FinancialSense.com.
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