Worried About Inflation? At Least It’s Cheaper to Drown Your Sorrows
CNBC reports that alcohol sales and prices are down this year. Some key points about…
December 2009
Dr. Duru UK Housing Prices Up 9% from Low But Remain 12% Below 2007 Peak
Housing prices in the United Kingdom continue their recovery with a 0.5% monthly rise in…
Great news for deflationists: health care costs continue to skyrocket
This story will come as a surprise to no one except maybe the increasingly small…
writejesse Housing bears see signs of calamity in boring Case Shiller report
Yesterday’s release of the latest S&P/Case-Shiller Home Price Index showed that house prices are holding…
Chicago drivers will pay more to park
WLS-TV in Chicago reports that the cost of parking on the streets of Chicago is…
Fidelity Investments urges its investors to protect against inflation
Fidelity Investments is encouraging its retail investors to position their portfolios for inflation. Received via…
U.S. Imposes Anti-Dumping Duties on Chinese Steel Grating
The Commerce Department’s International Trade Association issued a preliminary finding determining that Chinese companies are…
Federal Reserve Proposes A Term Deposit Facility for Draining Reserves
The Federal Reserve has proposed the establishment of a term deposit facility for draining reserves…
BofA Analyst Expects Negative Real Rates to Drive Bubble In China In 2010
Bloomberg provides snippets of an interview with BofA Merrill Lynch analyst David Cui in which…
Multi-Decade High Prices for Tea, Cocoa and Sugar
The Financial Times reports that the prices for tea, cocoa, and sugar have reached multi-decade…