But recent strength in commodity prices has convinced Mr. Perkins that "inflation is coming back". Among signs he cites: rising oil prices, strong precious metals quotes, a "boom" in money and credit expansion, a depressed dollar, and sluggish bond prices.
After an early extension of late Tuesday's pullback, Wednesday's session quickly turned sluggish as bonds traded almost unchanged.
Stocks were driven down by the sluggish employment report, while bond prices rose sharply as the data allayed fears that accelerating economic growth would fuel inflation.
But sluggish operating results and bond downgrades were followed by the revelation that Yamaichi had been hiding losses in offshore subsidiaries.
A huge leap in the quality of design and manufacture, along with a lightning turnaround time to satisfy our lust for the new that makes Bond Street look sluggish, have enabled high-street stores to rewrite the rules of Saturday afternoon shopping.
Though American radio personality Michael Medved gave the film three stars out of four, describing it as "intriguing, audacious and very original ... more believable and less cartoonish, than previous 007 extravaganzas," he commented that the "sometimes sluggish pacing will frustrate some Bond fanatics".
The ECB's attempt to kick some life into the sluggish eurozone economy is to buy covered bonds and other assets for two years.
Treasury Prices Fall (By Reuters) -- Treasury bond prices declined slightly yesterday in sluggish trading as players cast a cautious glance at rising oil prices and an impending onslaught of corporate debt.
If indeed, the Fed sees softer industrial production data, it is likely that industrial stocks and other more cyclical sectors will decline on the prospect of sluggish sales, hence falling into line with the bond market's view of events.
Yet this is partly because bond yields have tumbled on fears of sluggish growth and deflation.
But the sluggish Giants, who silenced the Mets, 3-0, are not as interesting as Bonds.
