Canso April 2007 Corporate Bond Newsletter

Our lonely view has been for some time that slowing growth might not lead to lower inflation and interest rates in the U.S. This has been confirmed in the first quarter of 2007 as an obviously slowing U.S. economy has seen accelerating inflation. We have now been joined by many commentators, including some who are using the dreaded “stagflation” word. Thanks to the enterprising Daniel Kruger of Bloomberg News, we turn to economist Paul Samuelson, whose textbook was the Economics 101 primer for a generation, for validation:

Read the full newsletter at the link below.

Canso April 2007 Corporate Bond Newsletter

We have updated our Privacy Notice effective September 2023. We encourage you to review it carefully.

We use cookies to improve your experience. By continuing to use this website, or other online services, you agree to the use of cookies and consent to the practices described in our Privacy Notice and Terms of Use.