PPI – Biggest Jump in 30 Years
Tuesday, 19th December 2006
Hate to be such a bear, but this is getting very scary.
“Because the PPI fell 1.6 percent in October, some said the latest report simply smoothes out the bumps.”
I hope they’re right, but this statement vaguely reminds me of the shills at NAR saying the RE market is just “adjusting” and its now a “great time to buy!”
