Meet the new bust, same as the old bust?
...then rates are likely to rise and inflation is in the cards.
This made me pause. May have to do with sentence construction. Since under a system of fractional-reserve banking, interest rates and inflation tend to be inversely correlated, correct me if I'm wrong but shouldn't I rather be reading then inflation is in the cards and rates are likely to rise? B.t.w., are the BOJ's interest rates still in the negative?
Didn't know about PMI, Carlyle Group, Powell's wealth, etc. Thanks! :-)