Post Tagged with: "deflation"
This Week’s Most Popular Posts: 2010-09-27
The Credit Writedowns Interview with President Bill Clinton: Report on a blogger meeting with former President Bill Clinton and what his views say about the agenda for Democrats and the Obama Administration. Hugh Hendry interview on the BBC: Twenty minutes with the outspoken London-based but Scottish-born Hedge Fund manager Hugh Hendry. Entertaining as usual. In
Rosenberg: Seven Investment Strategies For A Deflationary Environment
The following is an excerpt of David Rosenberg’s Monday Breakfast with Dave missive. INVESTMENT STRATEGY IN A DEFLATIONARY ENVIRONMENT Focus on safe yield: High-quality corporates (non-cyclical, high cash reserves, minimal refinancing needs). Corporate balance sheets are in very good shape. Equities: focus on reliable dividend growth/yield; preferred shares (“income” orientation). Starbucks just caught on to
Inflation in goods, deflation in assets
Here’s my initial reaction to Fred Sheehan’s last post on Bernanke: inflation in goods, deflation in assets. I think this is something that Fred got into in one of his previous posts. Inflation versus deflation discussions are the rule for columnists, economists and Bubble TV. This false distinction is potentially harmful for investors and shoppers
The Chances of a Double Dip
by Gary Shilling Investor attitudes have reversed abruptly in recent months. As late as last March, most translated the year-long robust rise in stocks, foreign currencies, commodities and the weakness in Treasury bonds that had commenced a year earlier into robust economic growth – the "V" recovery. As a result, investors early this year believed
Why House Prices Will Continue To Fall
A great article in this past weekend’s Washington Post highlighted many of the major issues affecting the US housing market and most of those issues point to lower house prices. In particular, the self-reinforcing psychology of price deflation has already set in. And that means prices will continue to fall. While the government is doing
The ‘Flations – Part II
Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). Inflation versus deflation discussions are the rule for columnists, economists and Bubble TV. This false distinction is potentially harmful for investors and shoppers who think they must decide
The ‘Flations
Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). The incessant debate of whether the economy is inflating or deflating suffers from a vocabulary problem. This is as it must be since some (Federal Reserve Chairman Ben
The Pause That Doesn’t Refresh
By Comstock Partners The Fed tried to thread a needle and ended up satisfying nobody. They confirmed to all the doubters that the economy was indeed weak and that they really couldn’t do much about it without resorting to completely untried and unorthodox measures with unpredictable results. To all intents and purposes the Fed showed
If Deflation Wins, What Will Gold Stocks Do?
By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report The talk of a possible double dip is now common banter on TV investment programs. And indeed, deflationary forces seem to have the stronger grip right now than inflationary ones. So if deflation is the next reality we have to face, what happens to our
Shilling: “The Economy Really Doesn’t Have Much Gas Any More”
In an August 3rd video, Gary Shilling, president of A. Gary Shilling & Co., talks about the outlook for the U.S. economy. Shilling speaks with Matt Miller on Bloomberg Television’s “Street Smart.&#
A New Spotlight on Japanese-Style Deflation
From Comstock Partners In a scholarly paper that was released today James Bullard, President of the Federal Reserve Bank of St. Louis, stated, "The U.S. is closer to a Japanese-style outcome than at any time in recent history". As everyone knows, the Japanese economy has undergone a period of extremely slow growth with periodic recessions
Seven Faces of The Peril
This is the Federal Reserve Bank of St. Louis piece by James Bullard that everyone is talking about. Here’s the money quote: Under current policy in the U.S., the reaction to a negative shock is perceived to be a promise to stay low for longer, which may be counterproductive because it may encourage a permanent,