From Zero Hedge:
Albert Edwards, one of the most prominent uber-bears just got even more bearish:
"Our view that this economic and market recovery will collapse like a pack of cards as soon as the steroid-like stimulus is reduced is gaining ground. Most forward-looking leading indicators now signal some sort of second-half slowdown. The only area of debate now seems to be in its magnitude. By the end of this year, I believe we will be back in recession."
Albert's vision of a deflationary collapse, followed by...
Read full article...
More on inflation:
Analyst Nenner: No inflation until 2011
Dan Ferris: Don't believe the lies about inflation
MELTUP: This is the beginning of a U.S. currency crisis