Inflation is always bad, it might not be horrible, but still it is bad enough. I do trading and for me keeping eye on all inflation and such stuff is absolutely necessary to do trading well. I don’t have to make huge effort given that I work with OctaFX broker and they provide me daily market news and analysis, so following that is the best thing for me and really helps me to do trading in really easy and simple way.
So including food and energy the Jan 2008 forecast is 6.1%, higher than any point since 1990.
ReplyDeleteAnd that "does not look too bad"?
Methinks you're trying too hard to sound nonchalant...
What are the factors that has this cycle ending like the 90-91 period (post real estate crash, reversal in inflation, relatively mild GDP downturn)?
ReplyDeleteOn the other hand, what are the factors that get us into a 70's style funk (rising commodity prices leading to runaway inflation)?
on second thought, it may look pretty bad
ReplyDeleteInflation is always bad, it might not be horrible, but still it is bad enough. I do trading and for me keeping eye on all inflation and such stuff is absolutely necessary to do trading well. I don’t have to make huge effort given that I work with OctaFX broker and they provide me daily market news and analysis, so following that is the best thing for me and really helps me to do trading in really easy and simple way.
ReplyDelete