by | Nov 17, 2010 | Towing
While everyone hates inflation, deflation has instant emotional appeal: Who doesn’t like a bargain? But deflation is a far more serious economic problem than inflation — and, as we found, most folks don’t really know why. Do you? If not, no worries: Economist Gary Shilling will explain the reasoning. [Video]
Continue reading Street Smart: Do You Know What Deflation Is? [Video]
Street Smart: Do You Know What Deflation Is? [Video] originally appeared on DailyFinance on Wed, 17 Nov 2010 12:00:00.
Filed Under: Economy, Investing, Currency, Video, Ask an Expert, Streetwise
by | Nov 17, 2010 | Towing
The nation’s struggle to prevent deflation is apparently only just beginning. The 12-month core rate (excluding food and energy prices) fell to a record low 0.6% from 0.8% in September. Clearly, the Fed has more work to do.
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by | Nov 16, 2010 | Towing
ING Investment Management forecasts that stock markets will rise between 8% and 12% in 2011, thanks to a low-inflation, low-interest environment supported by the Fed, despite weak GDP growth. And for those looking for to incre…
by | Nov 16, 2010 | Towing
Producer prices rose less than expected, with much of the hike coming from energy. Excluding food and energy, PPI fell 0.6% in the month. Overall, wholesale prices are up just 1.5% in the past year — still too close to deflati…
by | Nov 15, 2010 | Towing
The seemingly symbiotic relationship between the China and America — dubbed Chimerica — is now clearly chimerical. What was once billed as the ideal partnership is quickly turning into a competition for global influence inste…
