Thursday, October 18, 2012

Prices Are Still Under Control

First, I'm traveling at the end of this week, so I probably won't have time to post on the markets.

However, consider the charts above.  The top chart is CPI and the bottom chart is PPI.  Both say the same thing: prices are under control right now. 

Above we have a year over year percentage change in prices of China, Japan, UK and the US.  Notice the we have the exact same situation -- prices are under control.

The above graph shows the two markets where we see real inflationary problems: India and Brazil.