Deflation Possible Soon???
In this Random Gleanings Chris & Jesse are celebrating lower prices at the pump! Chris offers some history on how falling gas prices – or even stable gas prices – have historically had a very desirable correlation to the direction of inflation moving lower. With inflation being the scary headline du-jour, if inflation does begin to abate in relation to falling gas prices we begin to ask: could “less bad” news start to become good news for markets?
The fellas go on to provide some additional evidence in support of the possibility of lowering inflation numbers and some reasons to get a little more constructive in the face of such negativity. Then, for you college football fans, Jesse invites Chris to wax philosophical on the potential quarterback controversy brewing in Tiger-town.
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