2018 LINCHPIN ANNUAL UPDATE ON INFLATION TRENDS

At Linchpin we have for a number of years written an annual update on the long term outlook for inflation by monitoring shifts in a varied range of inflation indicators.  12 months ago, we suggested that after many years with deflation firmly in charge, the forces pulling each direction were roughly equal.  Today the consensus seems to have tipped towards inflation: we would agree that inflation is inevitably on the rise but argue that the global level will stay low for a few years yet.  Click here to read the full update.