Deflation Arrives in the UK but “Avoided” in US?
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Deflation Arrives in the UK but “Avoided” in US?
September 9, 2009 – 1:05 pm | No Comment

Two contrasting statements are hitting the front pages today.  On one side of the Atlantic, deflation has arrived in the U.K. High Streets. A report from British Retail Consortium (BRC)-Nielsen Shop Price Index shows that …

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Durable Goods Orders Drop by 5.3 Percent
February 27, 2008 – 2:23 pm | No Comment

We have yet more evidence that the US economy is slowing this morning with the release of the durable goods numbers.  Following a surge in orders in December – mostly due to aircraft orders – …