David White: PPI up 1.8% vs. expected 1.0% -- sign of inflation. Core PPI up .5% vs expected .3%. This indicates Fed rate hike likely sooner than later.
Tue, Dec 15, 2009
David White: +.6% CPI increase. But PPI still down. Stimulus ending soon. Production up 19.2%. Oversupply on stimulus end ==> deflation.Nov Exports -1.2%
Fri, Dec 11, 2009
David White: The housing and PPI data this morning could not have been much worse. This seems almost assured to send the markets downward.
Tue, Oct 20, 2009
David White: PPI declined -.6% in Sept. vs the expectation of +.1%. This is real deflation. It's extremely bad news that other sectors may join housing.