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TPP is dead anyway, and similar deals in the eurozone are going nowhere.

Gary Shilling

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Gary Shilling
Age: 54
Economist
Journalist
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Anyway
Deals
Dead
Going
Nowhere

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Despite the recent conviction of many that we're headed back to inflation, I think deflation remains the more likely prospect. You've just got too much excess capacity in the world.
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[Niccolò] Machiavelli said it's better to be feared than to be loved.
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We've seen that in the past that where you've had uncertainty, and even where the Fed is raising rates, Treasurys rise as everybody heads for safety.
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