The tambourines inflation and the estirón del bono estadounidense llenan de dudas a las Bolsas | Economy

Alert voices about inflation translate into other indices. The Vix — which, in the midst of the volatility of the state-financed places — also separates the Jews, a journada in which the most damned values ​​were made by the technological, authentic stars of the parks in the last months: the 5% Nasdaq at a loss of 2.5% from the general index. And the red numbers he handed over to the Asian Bolsheviks — the Nikkei Japanese retreated 4%; Hong Kong is down 3.5% in Europe. The exception in this last group was the Ibex 35 Spanish, which had mediocre power on the ground and negative terrain.

The domains of the markets are connected by various invisibly different varieties, but there are many obvious ones when changing the pieces with a minimum of position. The one that is the profitability of the public debt and the Bolsas is one of the clearest. When, as now, inflation expectations are rising, the interest in the bonuses is high in the hope that the types of reference interest will reflect more soon than later. At the same time, the attractive variable rate of interest: to assume a risky mayor’s share, he thinks these are many investors, and if there is an active case of risky interest to raise more or less acceptable interest rates.

The Bolsa does not have what it takes to resist a mayor’s inflation that rents the price: high, in the large place its ability to act in front of the inflated inflationer suele as mayor. But the most immediate thing that can happen is a transfer of the most volatile assets (the actions of companies) even the risk-free theories (as well as the bonuses of the eurozone countries, which are related to the active response of the central banks).

Including a de facto intervention marketed by central banks, which did not begin to liquidate to allow the Financial Statements to include more than before the pandemic, inflation tensions were already felt to be strong in the places of bonos como en unas Bolsas que observan el burgemeester desplome de PIB de la historia moderna des de la atalaya privilegiada que supone seguir —como si la economië real no fuese con ellas— cerca de máximos historico. New, with the exception of Ibex and some other selective response from the Old Continent.

The Fed is not the mayor

The urgent compromise of the President of the Federal Reserve, Jerome Powell, to maintain monetary expansion without limiting it as much as necessary and with regard to the time of black inflation – as the Fed, including the Fed, in transit factors, the proposed multimillionaire estimation plans, the petroleum collection and other raw materials or bottling wells in some cadastral fields — are not sufficient for all ages. “Suspicion of actions to the types of interests can be key. The main issue in the future is the return on the good bonuses and the large amount of money can be spent on the frenetic advance of the Bolsas, ”said Axel Botte, analyst at Natixis Investment Managers, in a note to clients.

Some factors reject the decision of the central bank on one of the inflation rates that it passed close to 100 in record time. In the hope that the recovery will increase the traction of the vacancies, the generalized disability of the staff and the escalating pressures on the other hand, the salaries will increase the alarms. “The reality is that, although inflation will increase in the second quarter, it is unlikely that this subsidy will be prolonged, affecting consumers and, ultimately, the rumor of the policy that stands for central banks,” said Paul. Donovan, chief economist at UBS Investment Bank, one of the major players in the financial sector. The outcome of this debate depends on the evolution of the markets in the next week.