Economic Soft Patch Will Be Met With Further Stimulus and Liquidity

The power up trend (PUT) in the prices paid to purchasing manager's index ratio (PPPMIR) was broken in June 2010. This suggests the onset of another economic 'soft patch' that will be met with further stimulus and liquidity. These injections will induce another round of fiat devaluation that will turn the ratio to the upside by 2011.

ISM Prices Paid Index (PP) to National Purchasing Manager's Index (PMI) Ratio:


Source: www.ism.ws