THE FIRST INFLATION SURGE IN 25 YEARS IS OVER. So, what now? First, let me give credit when credit is due. Federal Reserve Chairman Ben Bernanke and the Fed finally got one right. They’ve been promising us moderating inflation for a year or more and now with -30% lower crude oil prices and a big...
HERE’S ANOTHER’S BIG PICTURE VIEW . A longtime regular reader emailed me his opinion of the current US residential housing market yesterday and how the government is handling things, writing: ‘It seems now to me that the "gov" is tweaking things to "hold it off."...