bindlepete

Commodity Trading: Trench Warefare Between Inflationists and Deflationists

Short term defaltion and then after more than compensating inflation.

Now what are the dimensions of short and long term? Up to 2 years and a year or less of rebalancing and away it goes off the charts. IMHO and it is humble.

Energy Will Lead the Next Commodity Shortage

If there is a presumtion that tickles me it is that the US, it's driving habits and economy are the domiant function in determining demand for oil.
Maybe this was so a few years back but it is now a world market. Yes we are a player but our influence in terms of conservation and alternatives to oil use are becomming far less important.

What ever we do will unlikely shake the market and reduce the price from it's current range of 66-72$ /bbl.

We no longer have the leverage.

What's Next, Inflation or Deflation?

Hey, get real - the deflation cry is propaganda and based on a shallow segment of human requirements if they are requirements at all. Yes, new housing is down, but any significant change in the rest of consumer expenditures?

Medical is up, food is up unless you buy the lies and distortions of substituting hamburger for sirloin, education is up, books are up, credit is up, entertainment is up, and as more and more retailers go broke and the competition is reduced the rises in prices will steepen.

Will the Fed have the gut to claw back tghe flood of new money it created? Not in my dreams as the economy will continue to descend with job losses and if we are lucky flatten out at a new level of long term no growth, as currently measured, somewhere out in 2112.

The Fed/Bernanke and Summers live in a dream world of a return to the " prosperity " of 2003-2006 without any manufacturing/exports that the remainder of the world markets want or can afford.

Forget it and choose a new metric of growth if you think you need one.

Six Promising Post-Recession Sectors

Blind and Naive:

Will things get better, of course they will as we adjust to a lower level of lifestyle as measured by our growth infatuated economic measurements.

The question is, how long, until we turn a corner in our measurement of public welfare or utility? Where does this myopia come from that the classic forms of " economic " growth are meaningful to any one but the self serving economists?

As William Henry Locke Anderson ,a high powered economist, from Ann Arbor said " this field is a fun filled arena of speculation but science and honest predictive practice it is not". It was a disappointment for my old roommate who had spent most of his life in studying the problems but he found more important things to spend his time on before he died.

The economy coming back? For any thing beyond a shallow minority this means nothing.