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Goodbye Reflation We hardly Knew Ya; Core CPI Drops First Time Since 1982 [GEA]

Friday, February 19, 2010 - 5:46 PM
Mish has a bearish review of the latest inflation news:
In spite of the Fed's efforts and the stimulus efforts from Congress such as cash-for-clunkers and $8,000 tax credits for houses, home prices are weak, rent prices are falling, and prices of new cars are dropping.
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,713