Franklin Templeton Hasenstab questions low inflation forever view
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COPENHAGEN (Reuters) - Markets and policymakers could be making a mistake in assuming inflation will stay low for ever, bond investor Michael Hasenstab said on Tuesday, warning investors needed to be prepared for what could be a very challenging environment ahead. Hasenstab who oversees a number of bond investment strategies at Franklin Templeton, made a name for himself with contrarian bets in the past on unloved markets such as Ireland and Ukraine, which then yielded huge payouts.He predicted..