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

To: Chispas who wrote (54506)	8/9/2006 10:36:52 AM
From: John Vosilla	Read Replies (1) \| Respond to of 116555

'Over the next two or three years, the U.S. economy is in for a period of uncomfortably slow growth and uncomfortably high inflation, and there's little the Fed can do to prevent it.' I wonder if the deflation crowd has changed their tune? Do they think it will be even worse because of this? It certainly is a lot different dynamic we are entering into the mix than when I started reading this board 1.5+ years ago. Not surprising as some of us have been harping that when oil prices and housing prices skyrocket the way they did the pass through costs of living or doing business end up being quite significant. There is no way out.