Are We Heading Straight into Global Deflation?

Commodities, Led By Oil, Make New Lows Crude Oil is an input into producing virtually everything, including itself.  It takes oil to transport, refine, drill or pump oil.  Energy is a large portion of the cost of just about everything. West Texas Intermediate Crude Oil closed at $46.60 yesterday, a 40% drop since October.  The […]

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Will The Federal Reserve’s Rate Hike Prove One Too Many?

The Fed’s 9th Rate Hike is Virtually Certain This Week Last week’s economic news was very good.  For the month of November, the Consumer Price Index (CPI) was ZERO, reducing the annual rate to a very tame 2.2%.   In addition, retail sales were better than expected, following a great October. (https://www.census.gov/retail/index.html). The CPI  increased […]

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