Monday, January 4, 2010
Where is the first economic tsunami of 2010 going to come from?
Stephanie Flanders writes about the likelihood of 1) Plan B being needed for quantative easing (direct BoE cash to business), 2) UK Bond Market Showdown (before or after the election?), 3) US private sector recovery, and 4) Eurozone deflation (and other Euro topics). Putting my bets a relatively quiet Jan-April, with 1), 2), and 4) occuring after the UK election, and 3) never.