◀ The Principal Blog

Posts from the ‘Portfolio Management’ category

New Research on the Relationship between Wages and Inflation: Looking at Other Indicators



During the 1970s, economic research focused on the problem of the day — high inflation. And, wages were increasing at the same time as inflation. Economic theory had a nice explanation for this relationship – higher wages were passed through to consumers via higher prices. As inflation picked…

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Greece, Europe: A Deal or an Ordeal?



The “deal” reached between Greece and its European creditors that was announced early on 13 July will likely be enough to keep Greece using the euro as its currency for a while longer. That said, the deal is unlikely to stick together politically, on either side, for its full nominal three…

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