Originally published by Bloomberg on January 17, 2017 Read the original article.

The trend toward marijuana legalization has picked up speed during the past several years. In 2015, legal pot produced an estimated $3 billion in U.S. sales. And, in August 2016, Gallup said that 13% of Americans admit to using marijuana. That equates to 33 million U.S. users. At the same time, the cost of marijuana […]

Read More

Originally published by Madison.com on January 12, 2017 Read the original article.

The year 2016 was rough for grocers like Kroger, SUPERVALU and Sprouts Farmers Market. Even as the Dow reached record highs, all three saw the price of their stocks sink. More than that, grocers have grappled with two types of deflation. One is cost deflation and the other is retail deflation. This excerpt from a […]

Read More

Originally published by The Local on January 4, 2017 Read the original article.

Italy has been bedeviled by a banking crisis that has seen the world’s oldest bank grapple with a major liquidity problem. This is from CNBC (Dec. 23, 2016): Italy’s government approved a state bailout for Monte dei Paschi di Siena on Friday, after the world’s oldest bank failed to secure backing from private investors. Prime […]

Read More

Originally published by Daily Reckoning on December 30, 2016 Read the original article.

Two colleagues at Agora Financial UK discussed their economic outlook for the United Kingdom and the United States. Honing in on the U.S., the discussion turned to the Fed’s mission to raise rates so they can cut them to fight the next recession. But the raising of rates might bring on the recession that the […]

Read More

Originally published by FXStreet on December 14, 2016 Read the original article.

In November, on an annual basis, Switzerland’s consumer price index slid 0.3%. But is that a problem? In a Dec. 14 FXStreet article titled “Oh No! Deflation Worsens in Switzerland,” the writer pokes fun at the idea that consumer price deflation is bad. But, he says asset price deflation is a different matter. Here’s an […]

Read More

Originally published by Barron's on December 13, 2016 Read the original article.

The price index for U.S. imports declined 0.3% in November, the largest monthly decrease since the index fell 0.5% in February, according to the Bureau of Labor Statistics. Also, import prices remained down on a 12-month basis, declining 0.1 percent between November 2015 and November 2016. The chief U.S. economist for Mizuho, a large financial […]

Read More