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

To: mishedlo who wrote (83525)8/20/2008 6:14:59 PM
From: stockfiend  Read Replies (2) | Respond to of 116555
 
"My interest in this is from a macro perspective. From that perspective, frugality has hit Ebay and profits have only one way to go, and that is down. This is just as one would expect in deflation."

So two tech companies lowering prices to get market share equates to a macro deflationary trend? I guess that means Intel and AMD ushered in global deflation 10 years ago.


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