Guest Bear Trap Posted December 6, 2002 Report Share Posted December 6, 2002 Rising CRB isn't inflation, merely rising producer costs (expenses). Business runs into a problem when consumer prices (income) fall: Falling margins and debt-repayment abilty. Simplistically, the unfolding deflationary pressures means "a rising CRB" isn't as useful a predictor (if ever) of bond prices, earnings, stock valuations, or inflation. Link to comment Share on other sites More sharing options...
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