Daily Reading on the Financial Markets: 12/27/11
Detlef Schlitchter at The Cobden Centre makes the case that fiat-driven inflation remains the number one concern, not balance-sheet deflation.
Joe Weisenthal of Business Insider on the influence of politics on economic outlook.
Tony Pallotta at Macrostory argues that currency and commodity price action remains bearish for stocks, and will lead them lower unless their trend changes.
Cullen Roche at PragCap cites Deutsche Bank research suggesting that a “shorter Business Cycle” may lead to recession in the U.S. by 2012.