Market Review and Trends
Smart Thought Of The Week: Trade-off
By The Smart Investor  •  May 15, 2022
Central bankers have suddenly remembered why they get up and go to work every day. They are not – as some seem to think – there to find solutions to the problems that their own governments have been unable to solve. But their remit is a simple one – it is to control inflation. And quite frankly, many have been asleep at the wheel. They can say what they like about asset-price inflation being volatile, and that it is a function of market forces that is beyond their control. But house-price inflation is still inflation. Share-price inflation is still inflation. Bond price inflation is still inflation. And don’t get me started on inflated cryptocurrencies and over-inflated SPACs. They can all be symptoms of too much money chasing a limited supply of goods and services. That, by the way, is the definition of inflation. Thankfully, albeit belatedly, central bankers have woken up. It still took them a while to...
Read the full article
By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance