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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Preparing for the Oil Bubble to Burst
June 25, 2008 – 5:32 pm | Comments Off

There’s a great comment from Edward Morse, chief energy economist at Lehman Brothers today.
“My basic message to those who say that prices have to go up forever is that the oil markets have been cyclical …