Once hyperinflation starts and the economic cycle switches from stagflation, interest rates will rise. There will be a MASSIVE restructuring of debt and asset allocation in the U.S. Small caps will go bankrupt or consolidated by the bigger market caps that have the cash to acquire more market share. Consumer prices will rise I think, and the deleveraging process will continue. (3 mo yield/ 10yr yield)
16:17:39 (UTC)
Tue Apr 28, 2020