A housing bottom?
The housing market is deflationists’ ace in the hole. There is no way inflation can…
October 2009
writejesse Reserve Bank of Australia Takes First Proactive Steps to Tighten Monetary Policy
Tonight, the Reserve Bank of Australia (RBA) took the first step of any country in…
Dr. Duru Nomura: Inflation to surge in India
Nomura forecasts big increases in consumer and wholesale prices in India, Reuters reports: “We believe…
What Is the Deal with Steel Production and Prices?
Last week, I noticed media headlines screaming the horrible news that “Crude steel output in…
Some firms are rescinding pay cuts
From AP: General Motors Co. has rescinded white-collar pay cuts it made last spring as…
Thirsty? You’ll soon pay more for your tap water
From coast to coast, cash-strapped cities and counties are hiking their water fees. In Rockland…
Prices of DRAM chips are heating up
Korean newspaper Chosun Ilbo reports that semiconductor prices are rising rapidly: Prices of semiconductor memory…
Used-car prices on the rise
Just nine months ago, Mike (“Mish”) Shedlock predicted that “Cars are going to get cheaper,…