Property News · July 31, 2019

Investor: 'I don't buy the lack of inflation' in the US


Bill Smead of Smead Capital Management says inflation data in the U.S. doesn’t match what he has observed anecdotally. Fed Chair Jerome Powell described inflation as a “faint heartbeat,” but Smead says rents are up dramatically.

Source : cnbc.com
Read more…Investor: ‘I don’t buy the lack of inflation’ in the US