This Weeks Market Moving Events...

The inauguration of Barack Obama, and attention to economic policy, will more than make up for the week's light calendar.

Simply Economics - Inflation has recession written all over it

                                     By R. Mark Rogers, Senior U.S. Economist

This past week, economic data pointed to a deep contraction in the fourth quarter.  The alleged good news was a drop in headline inflation across the board – for consumers, producers, and imports.  While the inflation news gives the Fed some leeway for continued monetary ease, the numbers clearly reflect a drop in demand from recession in the U.S. and overseas.

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