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

To: Little Joe who wrote (85283)9/16/2008 10:59:31 AM
From: The Reaper  Read Replies (1) | Respond to of 116555
 
Hey I just heard that the Fed is going to bail out the failing pet store down the street from me. Oh and government money is also available for AIG now.



To: Little Joe who wrote (85283)9/16/2008 11:36:10 AM
From: mishedlo1 Recommendation  Respond to of 116555
 
August CPI Declines Slightly
globaleconomicanalysis.blogspot.com
In the grand scheme of things a one month decline of -0.1% is nothing to write home about. Also note that the CPI is still +5.4% vs. a year ago. However, get used to seeing the word "decline" because more of it is coming. If oil prices keep falling (likely), or even if they stabilize around this area we are going to see some negative year over year CPI readings in the upcoming months.

Mish


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