"Inflacionistas in the West have been arguing for six years that the QE-fuelled monetary base is about to break out and take us straight to Weimar or Zimbabwe. They failed to do their homework on liquidity traps. Yet their moment may soon be nigh. Catalysts are coming into place. Globalisation is mutating in crucial ways."
"All the stars are aligned for an end to the deflationary supercycle, and therefore for an end to the 35-year bull market in government bonds."
"Mr Haefele from UBS recommends niche plays in clean air, emerging market healthcare and, above all, oncology and immunotherapy, a sector currently running 300 clinical trials, with treatments costing $100,000 per patient."
See:
The Telegraph
