Magazine
Latest Issue

DIY investor: Rethinking deflation

If we’re unlucky, one of the “words of 2015” is going to be deflation

By Andy Davis   March 2015

© LendingMemo.com

Well known investors usually say they ignore the macroeconomic backdrop because good companies can prosper whatever the conditions. I tend to agree: the link between the economy’s performance and stock markets is tenuous. However, I’ve found it harder than usual to ignore economic commentators recently—because I find their explanations of what’s been happening in big parts of the world economy so profoundly unhelpful, not to say misleading.

If we’re unlucky, one of the “words of 2015” is going to be deflation. The appearance of mild price declines…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect