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alstry (35.41)

People used to laugh at Alstry's DEFLATION projection????

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May 10, 2009 – Comments (7)

HONG KONG (MarketWatch) -- China's wholesale price index declined at a quicker pace in April, falling for the fifth-straight month, while consumer prices also accelerated to the downside, according to data released Monday by the National Bureau of Statistics.

...

Wholesale prices, as measured by the producer price index, dropped 6.6% from a year earlier, slightly further than expectations for 6.5% in a Dow Jones Newswire survey of analysts. The decline followed a 6.0% dip in March, with the index in negative territory since December.

The consumer price index fell 1.5% in April, its third month of contraction and a faster drop than the 1.2% decline posted in March. However, analysts said the results largely reflected the effects of softening food prices and were in line with expectations from the Dow Jones survey. Consumer price have been on a weakening trend since February.

http://www.marketwatch.com/news/story/China-deflation-speeds-up-sparks/story.aspx?guid=%7B9EF508B0%2D8B28%2D4004%2DB4B1%2D28136259E6ED%7D

As repeated consistently here on this blog.....Alstrynomics is all about being right. 

7 Comments – Post Your Own

#1) On May 11, 2009 at 12:02 AM, alstry (35.41) wrote:

Please Note....the deflation projection focused on the commonly used application of Price Deflation.  And the concept seems to be spreading around the world:

New Zealand's April House Prices Fall 9.2% as Recession Worsens Job Losses

Malaysia to Cut 2009 Economic Forecast as Exports Slump; Rates Appropriate

And the beat goes on and on and on.........

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#2) On May 11, 2009 at 1:13 AM, kaskoosek (61.81) wrote:

It is called disinflation, since there is no long term trend.

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#3) On May 11, 2009 at 1:17 AM, alstry (35.41) wrote:

kas,

you could call it whatever you like......

prices and wages are crashing around the world....at least for now.

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#4) On May 11, 2009 at 1:59 AM, FinancialModeler (27.00) wrote:

That's what I'v been saying all along and why inflation is not the priority right now for monetary policy makers. 

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#5) On May 11, 2009 at 2:30 AM, kaskoosek (61.81) wrote:

Alst

 

You were betting on deflation, while I was betting on inflation.

Mining stocks are up significantly and my score shows that.

We might see a new divergence coming up, based on the money being pumped by the fed and everyone fleeing the dollar at the same time.

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#6) On May 11, 2009 at 8:30 AM, alstry (35.41) wrote:

kask,

It's not betting..........Alstry was analyzing and drawing reasonable conclusions based on an analysis of the FACTS.....based on current policies, it is deflation as far as the eye can see....when policy changes....so will the perspective.

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#7) On May 11, 2009 at 9:15 AM, jddubya (49.10) wrote:

Alstrynomic is all about being right.... unless the so called facts consist of miscalculations, lies, and other misleading information.  Which seems to be the 'x' factor that is used to allow Alstrynomics to appear to be all about being right.  Sheesh! 

Garbage In, Garbage Out. 

I don't believe that your 'nuclear winter' will come to pass.  Talk of nobel prizes and other useless accolades means nothing. 

 The "Alstrynomics"  recommended preparations - consisting of pay down debt and raise cash are laughable.

Many others describe what they're actually doing as related to MF - they're 'buying' this, 'shorting' that, 'hedging', etc but I've yet to read here how others are benefitting from following the preparations described by A'nomics.  "Ok, I've got no debt and lots of cash... why am I looking at MF??  Oh, yeah, to learn about investing..."

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