Deflation Everywhere You Turn, Get Comfortable

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My morning glance at the Futures screens revealed that, well, just about everything is down across the board. Of special note: Cotton flirting with the 60-cent handle (wow, that looks cheap) Silver getting kicked in the teeth again Oil off big again, flirting with $90 Not to mention global stock markets getting slammed across the […]

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Kevin Kerr gives CNBC his thoughts on the oil market. Kevin makes a great point – demand destruction is overblown, as it took $140 oil for to trigger a measly 2.5% drop in US demand. A drop in the global bucket, he says. He sees oil back up towards $150 by years end. I agree […]

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