John Butler—Approaching the Inflation Tipping-Point
On the Financial Sense Newshour this week, Jim Puplava is pleased to welcome back John Butler from Amphora Capital LLP in London. John Butler has over 16 years experience in the global financial industry, having worked for European and US investment banks in London, New York and Germany. Most recently he was Managing Director and Head of the Index Strategies Group at Deutsche Bank in London, where he was responsible for the development and marketing of proprietary, index-based quantitative strategies for global interest rate markets. Prior to joining DB in 2007, John was Managing Director and Head of European Interest Rate Strategy at Lehman Brothers in London, where he and his team were voted #1 in the Institutional Investor research survey.
This week John and Jim discuss the "inflation tipping point", where prices begin to creep higher, and a few investors, businesses and households begin to notice. Rather than just going about their business as usual, they begin to watch the behavior of others more closely. Finally, a handful of economic agents suddenly change their behavior in a significant and highly visible way, triggering similar responses by others, who might not even have noticed that prices were rising.