SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : WELLS FARGO -- Ignore unavailable to you. Want to Upgrade?


To: Barron Von Hymen who wrote (1051)1/8/1998 5:51:00 PM
From: Jaime H. Ayalde  Read Replies (2) | Respond to of 1281
 
<Prices paid to U.S. factories, farmers and other goods producers fell 1.2 percent last year, the best inflation showing in decade at the wholesale level. >

Best Inflation?..., sooner or later the word deflation will be used. Negative prices are deflationary not inflationary. so it was the worst inflation number not the best. : )

And you have not seen the worst of it.
Crude at $8.00 will send shivers through the financial system. Demand for Cash will force the fed to lower the fed funds soon or an inversion will be forced upon them. The 45 point drop in the banking index (BANK) should alert of what is to come.