SocGen: Global Deflationary Fears Just Hit an All-Time High
Meanwhile, U.S. inflation marches higher.
Japan is the poster child for deflation fears.
Photographer: Junko Kimura-Matsumoto/BloombergThis article is for subscribers only.
Deflation fears are at an "extreme level," according to Société Générale's head of global asset allocation, Alain Bokobza.
The French bank's proprietary inflation newsflow indicator tracks media reports on price pressures in 15 countries (a mix of developed and emerging markets more heavily weighted toward the former) to get a handle on what the average reader of news thinks about inflation.