Steve Blitz, chief U.S. economist for the forecasting firm TS Lombard, said in a phone interview that consumers might be more inclined to put off purchases if they don't see imminent signs that prices are going up. "If people think the price is going to be higher a year from now, they'll buy it today," Blitz said. "If people's expectations of inflation start to drop, they can wait till tomorrow."
We have a 30 year track record of successful calls. Many of these calls combined economic, political and market analysis.READ MORE