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FBC Varney Company January 14, 2015

Begin. Ice cold in the snow. How could it be so . It came without thanks. It came without packages, boxes or bags. It look like the grinch stole christmas. Retail sales down 1 . Not having a positive impact on the stock market. Down 183 points. How about the price of oil. Where are we now . That is within shouting distance of a six year low. Here is the story. Commodity prices are falling. Copper is leading the way. The price of gas continues to fall. Down another penny overnight. 338 year ago. Down 128 gallons. Here is the key indicator. Interest rates. It bounced back. Historically, a very low level. Our go to guy on commodities. Eric, i want to stay away from technical details. What is your evidence that prices are falling . I am not claiming deflation is in play. Prices fall too hard, too fast. Hearing people talk about deflation. Leading in some air out of the bubble. That is a good thing. The grinch as the analogy. I look at it this way. The grinch comes around at the end of the ....

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