Signs of Life & Death

(1) The Great Inflation of the 1970s is long behind us. (2) Is inflation dead or just in a coma and on life support provided by the central banks? (3) The Fed’s delusional “make-up” strategy for inflation. (4) ECB ready to fine-tune inflation target. (5) BOJ out of ammo. (6) Central bankers want fiscal policy to take over. (7) China catches the swine flu. (8) Looking for a pulse in the global economy. (9) China’s lukewarm stir-fry. (10) German auto industry reducing payrolls. (11) US consumers on spending spree that has yet to trickle down to manufacturing.