Consumer prices in the United States were steady last month, easing concerns for now that the record deficit and huge new government spending would spur inflation.
The drop in the last year has been the largest in almost 60 years, occurring as the global economic crisis reduced demand for many goods and services.
“The inflation story was nonsense in an environment where you have such wild excess capacity globally,” said Robert Barbera, chief economist at ITG, an investment advisory business. “I think inflation is below 2 percent for the next two years.”
For all the inflation fear-mongering, the fact remains that prices have, in the near term, declined further rather than turned upwards,” Dan Greenhaus, chief economic strategist at Miller Tabak, said in a research note.
Some economists and investors have warned that the government’s rescue plans and big stimulus spending will stoke inflation as the economy heals, setting off worries about the strength of the dollar and rising interest rates.
Friday, August 14, 2009
quoting article about Solar Energy business
... integrated module makers currently occupy the best position in the solar supply chain...
Wednesday, August 5, 2009
Change is a constant.
How will you deal with a changing world? You better have a strategy complete with contingency plans if you hope to survive and thrive
Tuesday, July 21, 2009
Tuesday, February 3, 2009
Monday, February 2, 2009
Sunday, February 1, 2009
Thursday, January 29, 2009
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