SPDR S&P 500 (SPY)

[gdl]

Deflation because OIL is cheap is the BEST thing that has happened to the world markets struggling to recover. the absolute best.

Please show me where low cost oil is hurting our economy. the consumer is in the BEST shape he has been in since the start of the debacle. Sorry but as long as Oil maintains a price that is in the 40 dollar a barrel range we will see a HUGE net positive for the world. if your concerned about certain companies and Russia or Arab nations than you have something to worry about.

I say keep the prices where they are.

Proof on my point is simple. the drop started a long while ago and as a result our economy is humming along. Jobs, wages, income, spending, saving is all better than before the drop.

The other deflation product is innovation and technology. That also has driven down costs and wages. It's not an all or none proposition. Lower wage growth with low costs is not hurting our economy.