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Greg Greg
CNBC Television
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Comments by "Greg Greg" (@SlowhandGreg) on "Markets are strong because we're at peak inflation: Hightower's Stephanie Link" video.
oil prices have gone past their peak and were at maximum consumerism time as in 4th quarter leading to Xmas Not exactly needing to be a clairvoyant to see that one
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Comes with a booming economy and full employment + above inflation pay rises at the bottom of the economic tree what's not to like
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Depends what you mean by high and what your expectations are of lower Oil is one of the biggest drivers of the current high rate coupled with exceptional demand near record lows in unemployment causing a Labour squeeze so nothing that can't be factored in in the medium term. Most analysts are working on 4-5% inflation medium term and a 1.75 basis rate US manufacturing output rose in November for the 18th straight month the underlying indicators are of a booming economy
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Why would it go higher the peak of oil prices has past for the next few months also we've had record retail sales well over normal. 4th quarter company results will be at all time highs for a lot of companies. Interest rates should be 1 to 1.75 anyway zero is not a sustainable level
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