Beware DE-flation

Beware DE-flation

Beware DE-flation Thomas c Schleifer, Ph.D. I can hear you. I know what you’re thinking… “DE-flation?!!…I thought we were worried about INFLATION! Rampant cost inflation in materials and wages is the topic du jour – isn’t it?  What’s this about DEFLATION?” Let...
Stable Markets: Where All Profits Reside

Stable Markets: Where All Profits Reside

Stable Markets: Where All Profits Reside Two weeks ago, I ended the message by expounding Schleifer’s First Law: Contractors Thrive During Stable Markets Today, I begin with Schleifer’s Second Law of Market Dynamics: There is No Such Thing as a Stable...