Two Signs That Deflation is Far From Over
A key economic index turns south
By Elliott Wave International
The Producer Price Index decline is happening in tandem with a
notable reversal in consumer sentiment. The Federal Reserve's
machinations -- which includes the Dec. 12 announcement of $45-billion
in monthly Treasury bond purchases -- will not stave off a developing
deflationary trend. How much farther does the economic cycle have to go
before it reaches the bottom? Read more.
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