Tuesday, May 18, 2010

Yes, the REAL worry is deflation

How the armies of "economists" who have been trained to do nothing for the past 35 years but worry about inflation will actually cope with this reality is another subject.
David Rosenberg: 11 Reasons Deflation Is The Primary Trend
Vince Veneziani | May. 17, 2010, 12:22 PM | 6,728 | 4
The word of the day is obviously "deflation."
The dollar is rallying, markets are tanking, and crude oil has fallen below $70.
This is obviously great vindication for the likes of Gluskin-Sheff's David Rosenberg, who has been a deflationista from the beginning. more

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