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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: t2 who wrote (4413)11/9/2001 8:35:25 AM
From: Softechie  Read Replies (1) of 99280
 
Deflation? Economic Data : PPI plunged 1.6% in October vs the -0.3% consensus; core PPI fell 0.5% vs the -0.1% consensus. These better than expected inflation figures are relatively good news if you make the assumption that they do not point to outright deflation (which is negative for stocks), and instead simply indicate a slower pace of inflation, but they are unlikely to have any sustained market impact.
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