January 24th, 2011
Econintersect: Guy Lerner, an investment adviser who posts at TechnicalTake.com, tracks a number of factors that, taken together, comprise his composite inflation indicator (the "inflationator"). After rising from September through November, this indicator has been declining for several weeks. Follow up:
Follow up:The elements of the indicator include crude oil, gold, and yields on the 10 year Treasury bond. The graph below shows the S&P 500 stock index on top and the red curve on the bottom is the inflationator.
For larger image click here.
Source: Technical Take.com