Art Cashin won't say it - UK Inflation below 1%, not a good sign

Dex

Search: Bank of England report backs mood to delay rate rises ft.com

or

UK November Inflation Report

"In the short term, the bank thinks inflation is “more likely than not to fall temporarily below 1 per cent at some point over the next six months”

"But it thinks extremely low inflation will end within 2015, rising to 1.2 per cent by the end of 2014 and gradually higher to 2 per cent by the end of 2017"

My thoughts - this does not bode well for Europe/UK growth - not a good indicator for the US.

I'm wondering when the 'D' word will be discussed in public.

scott

Not sure what Art Cashin has to do with it.

The financial media won't talk about a lot of things in regards to the economy. Like talk about this:

http://thehill.com/policy/healthcare/223578-obamacare-architect-lack-of-transparency-helped-law-pass
"ObamaCare architect: 'Stupidity' of voters helped bill pass"

or this:

http://www.zerohedge.com/news/2014-11-11/fed-won-americas-01-are-now-wealthier-bottom-90

But yeah, Europe/UK are not in great shape.