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


To: mishedlo who wrote (78121)4/21/2008 6:40:16 PM
From: koan  Read Replies (1) | Respond to of 116555
 
mish, I do not understand the thesis of deflation. If the dollar keeps dropping and commodities prices keep rising, where does the deflation theory come in?



To: mishedlo who wrote (78121)4/22/2008 12:16:32 PM
From: Jim McMannis  Read Replies (1) | Respond to of 116555
 
N.Y. Crude Reaches All-Time High Above $119 on Record Euro

By Mark Shenk

April 22 (Bloomberg) -- Crude oil rose to a record $119.74 a barrel in New York as the dollar dropped to an all-time low against the euro, kindling interest in commodities as an inflation hedge.

bloomberg.com