I remember trick-or-treating as a kid, most people were too cheap to hand out normal candy bars, so they bought these big bags off pee-wee ones that were cynically called “Fun Size“. Well, in order to hide inflation, candy bar makers have been simply shrinking the size of their products while keeping the price the same. They call this ‘shrink-flation” and it is everywhere……….
The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.
This report tells why, and what to look for in the data and the markets. GO TO THE POST
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