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Mega-Billion Investment Firm Analyst: Wake Up, America

2018-05-13 1 Dailymotion

Investors are underestimating the US economy's potential to grow faster.<br />Franklin Templeton analyst Sonal Desai says that growth will generate high inflation.<br />Higher inflation would extend the sell-off in Treasurys that has taken the 10-year yield above 3%.<br />Desai says GDP growth closer to 3% should become more common over the next three years.<br />Higher inflation would come from "usual suspects" like wage growth and companies raising prices <br />

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