What I'm Reading Looking Forward: CPI hit a 40-year high but its a backward-looking number. Many forward looking indicators are starting to tell a very different story – a story of falling demand and falling prices, and the risk of falling into deflation. Pragmatic Capitalism Beat the Heat: Some employees...
May 17th – Trickle
What I'm Reading Trickle: Big banks have seen non-performing loans on their books double year over year. The bad news (for distressed investors)? That translates into only $15.4 billion in non-performing loans on the books with another $2.1 billion in foreclosed properties - a pittance when stacked against the $250+...