Loading...
Most Recent Stories

THE BEST NEWS OF THE DAY

CPI was flat today, although you’re unlikely to hear much about it with all the bank news this morning (in case you missed it – our largest banks are basically insolvent).  In my opinion, this is the most positive news of the day.  I think the vast majority of price deflation has taken place.  We should begin to see flat inflation figures and very modest positive inflation by year end.  And that’s a positive development.