JVB-BSullivan-Econ-Comment-111609

Broker Dealer / Institutional / Advisor Use Only November 16, 2009 ABOUT Where deflation rules BILL SULLIVAN The Department of Labor will release William V. Sullivan, Jr. weighted component of the Consumer Price serves as Chief Economist the Consumer Price Index (C.P.I.) for the Index could continue to act as a drag on at JVB Financial Group, month of October on Wednesday morning. overall inflation. working closely with the The report will probably continue to capture Accelerated price discounting has been firm’s trading desk, a reduction in price pressures in several key prevalent in other sectors as well this year, providing analysis and commentary on the U.S. expenditure categories, extending a pattern including information technology, recreation economy and the financial that goes back to earlier in the year. Indeed, and motor vehicle equipment. In the markets. Among his duties recent data actually suggest that some sectors technology segment, for example, prices are authoring a weekly of the economy are experiencing deflation, were dropping at a -1.4% annual rate over report on credit market no doubt reflecting sluggish demand trends and maintaining a the opening three months of 2009, but were regular schedule of conditions as incomes erode and the tumbling by more than 10.0% in the quarter conference calls that focus nationwide unemployment rate sustains its that ended in September. Similarly, audio on interest rate upward trajectory. ...