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OPINION: After a combo of a weak USD and wage growth stoked inflation fears in the beginning of the year, maybe we started worrying too much about the wrong thing. Maybe the world is still caught in a deflationary trap, and the Federal Reserve and Wall Street are waiting for the wrong disaster.
A partridge in a pear tree and all the other 11 gifts would set you back $34,558.65.
OPINION: Deflation = White Walkers
We went to Walmart, the No. 1 grocery store in the US, to find out just how far prices have fallen.
“Removing the surcharge and reducing our prices is an irrational outcome considering the [USPS'] precarious financial condition," said the Postmaster General.
Not to alarm you — and please don't call your wealth manager immediately after reading this — but the entire world is going to cash.
Wall Street got the China oil story wrong, and it will make everything that’s happening now much worse
Or better, depending on your take on global oil markets.
It's all connected.
The idea here is that technological advancements help drive prices down. That then leads to below-target inflation, or deflation.