Business
The problem with PIMCO’s ‘inflation head-fake’ call – The Australian Financial Review
Inflation talk is everywhere and that in itself could help push up the risk of an inflation shock.
Chanticleer also had a session with a very well respected private business person, which brought an on-the-ground perspective. Hes seriously concerned about what hes seeing coming through his supply chain; hes budgeted for 5 per cent wage increases next year, but is starting to think thats conservative given the intense competition in the market for skilled labour.
Its a confusing picture, but there do seem to be a few key strands coming together.
PIMCOs Ivascyn argues we are seeing an inflation…
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