So Who Will Lead Global Inflation?
...when it happens, when ever that is.
US, China, Zone, or Japan.
...or another way of saying it, who should be raising interest rates but is behind the curve.
Answer: (this is an easy one)
THE ZONE !!!
If inflation raises it's ugly head it will first pop its head out of the womb of Europe.
I base my analysis on the comparative factory utilization rates of each country (which are very different by the way) looking at each to develop a range and then comparing current interest rates to utilization.
Ranking the countries as to who should be actively raising rates the Zone is #1, USA #2, China #3, and Japan...I don't thin they ever will raise them, #4.
Reversing this and ranking the countries most likely to cut rates or increase QE Japan is #1.
