Central bank debate: Is it inflation or deflation?
Here’s how the inflation can persist indefinitely: In addition to the India/China type story for resource demand, this time around nominal demand for commodities is
March 3, 2008
Here’s how the inflation can persist indefinitely: In addition to the India/China type story for resource demand, this time around nominal demand for commodities is
(an interoffice email) Yes, and he reaffirmed that he’s using the futures prices to predict where prices are going. He pointed to crude being at
Forgot to include the influence of the 8,000 lb gorilla I’ve been advancing for the last few years! Supporting GDP Pension funds adding to allocations
Dear Philip, Seems there’s a break between Mishkin and Kohn that previously wasn’t there. Markets are thinking Kohn supports a 50 cut and that he
Stocks up big, oil up big, dollar down big, and interest rates lower. How does this happen? Review Twin themes remain weakness inflation Sources of
Supplies probably aren’t ‘excessive’ or US companies wouldn’t import so much and futures spreads would be in contango instead of backwardation, and WTI now trading
Comments people emailed me and my responses: Bob Hart wrote: http://www.wtrg.com/prices.htm This graph supports your statement below: Prices fell from a high of maybe $40
Looks very much like the 1970’s to me. Yes, the labor situation was different then – strong unions due to strong businesses with imperfect competition,
Russia exercising it’s pricing power as a swing producer as well. Lukoil Cuts German Oil Exports by Pipeline on Pricing (Update1) by Torrey Clark and
(an email) > On Feb 19, 2008 10:03 AM, Mike wrote: > Warren, note spec comments and dollar issues, a big hurdle to overcome >