The Race to Zero

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CFA Magazine
March/April 2011 | Vol. 22 | No. 2 | 4 pages
Source: CFA Institute
Jonathan Barnes

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Abstract

Economies and markets are facing a fundamental shift, according to demographic expert Richard Hokenson. In the past, “the shocks to the system were inflationary in nature,” he says. “Now, the shocks to the system are deflationary in nature, negative-demand shocks.”

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Topics
Economics
    :
  • Inflation
|
Portfolio Management
    :
  • Economic Analysis and Capital Market Expectations
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