Hope for near-term end to recession dashed

Posted: 15-04-2009 | Author: Sage | Category: Economic Commentary

Yesterday’s dismal March retail sales release (-1.1%) was a reminder that the end of the ongoing downturn remains many months away.  The optimists within us have been focusing on the stock market’s recent rallies, durables orders data, upticks in new and existing home sales and better than expected retail sales earlier in the year. 

 

Today’s consumer price index release reinforced the notion that the corporate sector remains under pressure.  Aggregate price levels are down 0.4 percent over the past year, though this is essentially explained in full by lower energy and food prices.  Consumers still face prospective inflation in the health sector, however, and it will be interesting to see how rising pharmaceutical prices and hospital charges impact the ongoing debate regarding the future of America’s healthcare system.

-AB

Category: Economic Commentary by Sage

7 Responses to “Hope for near-term end to recession dashed”

  1. Self Esteem, on January 17th, 2010 at 12:56 am Said:

    Thank you so much, Great information… You keep writing and I’ll keep reading.

  2. Austin Manners, on June 8th, 2010 at 9:14 am Said:

    Is there a stop to the euro weekness? The Euro slipped right now 1.20 :-o

  3. Shaunda Drenner, on June 10th, 2010 at 4:47 am Said:

    What is the an alternative? I must eliminate the €.

  4. Angelena Rambo, on June 11th, 2010 at 8:12 am Said:

    Is there an alternative? I have to leave the Euro.

  5. Gerri Elsberry, on June 24th, 2010 at 12:09 am Said:

    Can someone share strategy to profit from the new evaluation of the Chinesse Yuan?

  6. Delmer Damour, on July 16th, 2010 at 11:40 pm Said:

    Wonderful the EU, finally the EURO managed to get above 1.30.

  7. Antione Stetler, on July 18th, 2010 at 3:08 pm Said:

    Wonderful the EU shows potential again:-)

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