This is the era of asset-price inflation (or a bubble)

A scary chart Ben Bernanke’s theory was that QE would create inflation. The problem is that it only created asset inflation. In his model, that would mean more money into productive investment and in the long-run that could prove to be true, but in the short run everyone is crowding into assets — stocks, junk bonds,…

European stock markets edge higher

Closing changes for the main European bourses – UK FTSE +0.1% – French CAC +0.2% – German DAX +0.2% – Spain IBEX +0.3% – Italy MIB +1.1% Italian stocks have shaken off some of the recent banking worries. Copyright 2015