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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (49998)	4/23/2006 10:39:20 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

< I think Oil rising, in the case of our debt-riden economy, is not inflationary but deflationary.> Right out of Heinz's playbook if I remember correctly. I just wonder what the hell the S&P is going to open at if that dollar chart is 1/2 as nasty as it looks!! dAK I have discussed this many time with Heinz and I agree. Unless and until we see wage hikes to meet rising oil and medical prices, the result is certainly recessionary at best but more likely deflationary. Mish