Karen H. sent this indicator that food price inflation is beginning: Wholesale prices rise in March as food costs jump.
GG flagged this: Governments Will ‘Bankrupt Us’: Marc Faber
Some interesting commentary by our friend Commander Zero: Guns as investments
Items from The Economatrix:
Are Interest Rate Derivatives a Ticking Time Bomb?
Senate Panel Approves Derivatives Reform Bill. And for the inevitable back pedaling, here is press release from a Nebraska Senator’s office on the legislation. (Thanks to M.E. for the latter link).
School Districts Around the Country Warn of Deeper Teacher Cuts
Demand for US Made Durable Goods Tumble 1.3% as Orders for New Aircraft Plunged 67%
A Look at Global Economic Developments