do we agree that we're in a period of deflation?

[Alanw]

Either way, just throwing the idea out there to kick around.  I'm not convinced in one direction or the other on what's happening (which is why I'm thankful to have a PP).

Yeah, I gotcha.  I don't have strong convictions about these things either...mostly b/c I have been exactly wrong about them so many times in the past.

I have also been wrong so many times that making a prediction seems fruitless.  I don't want to say that I don't care what happens because I would like to see full employment and economic prosperity for all.  But for personal investment purposes, I really don't care because I have the PP for the majority of my investments.

The markets will go wherever they wish regardless of anyones predictions.  In fact, I just put in a wake up call to my investment advisor (me), to buzz me when I hit a rebalancing band. 

[hoost]

Either way, just throwing the idea out there to kick around.  I'm not convinced in one direction or the other on what's happening (which is why I'm thankful to have a PP).

Yeah, I gotcha.  I don't have strong convictions about these things either...mostly b/c I have been exactly wrong about them so many times in the past.

I have also been wrong so many times that making a prediction seems fruitless.  I don't want to say that I don't care what happens because I would like to see full employment and economic prosperity for all.  But for personal investment purposes, I really don't care because I have the PP for the majority of my investments.

The markets will go wherever they wish regardless of anyones predictions.  In fact, I just put in a wake up call to my investment advisor (me), to buzz me when I hit a rebalancing band. 

I have a broad smile I can't seem to wipe away from my face.  Well stated.

[Storm]

For the deflationists: what do you make of the fact that prices aren't actually falling but rising?  For the inflationists:  what to make of record low yields on LT bonds?

Great questions.  I wonder the same things.

Oil prices seem to be falling quite steadily in the last few weeks.