Another Round-Trip in Crude; Search for Inflation; Another Bout of Asset Deflation Hell Coming Up
MishTalk
AUGUST 19, 2015
Recall the hyperinflation talk in June of 2008 when crude hit $147? Another major component showing upward pressure in July is apparel which rose 0.3 Crude prices are back to where they were in 2004. Before that, crude previously topped near $41 in September of 1990! It's been yet another round trip in crude. percent.
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