Are We There Yet?
reality
There are strong deflationary pressures out there:
- Rising unemployment
- Slowing consumer spending
- A credit crunch and associated deleveraging
- Falling real estate prices
It seems these are now being joined by falling commodity prices. This most recent bubble seems to have kept things going despite the other pressures. Is there another waiting in the wings, or do we finally get to the big D for deflation? Or are we going to see the last bubble in stocks, as in 1929?
Posted in Commodities, Energy, Inflation & The Dollar, Real Estate, Stocks, Strategy & Scenarios |