Deflation News

From Reuters: The recent run of data on prices has shown a clearly falling trend, doubtless driven by a recession in Europe and a marked slowing in China's economy. In the 67 years for which we have data, the U.S. economy has slipped into recession 75 percent of the time the ISM fell this badly in nominal terms, according to economist David Rosenberg of Gluskin, Sheff in Toronto.