Old bugger still has his fastball, apparently…
Here’s the latest from a talk in Washington:
- Doesn’t think gold is a potential bubble
- Gold buyers thing inflation is an inevitable outcome (a view he apparently endorses if he does not see a bubble)
- US needs US home-ownership rate to stop declining
- Remarkable growth in output per hour
EUR/USD is following yesterday’s script: opening form with equities and then giving ground from there…