Pentonomics – Never any Doubts
February 1, 2011 at 11:39 AM Today’s ISM report completely spells out the Fed’s true agenda. The Purchasing Managers Index came in at 60.8%, however, the Prices Paid Component surged to 81.5! Bernanke is just too intelligent to believe deflation is the nation’s biggest concern. Perhaps his deflation argument is a red herring. Just to …