China in the Driver?s Seat, Investing in Peak Oil, Wrong House Repos, The Census and

The 5 min. Forecast March 11, 2010 11:56 AM by Addison Wiggin & Ian Mathias [LIST] [*]Gack! The return of the China Sneeze Play… [*]Record U.S. deficits, and how China’s reacting: Watch what it does, not what it says [*]Why the weekly oil inventory numbers are useless… and how to invest accordingly [*]Foreclosures leveling off, but “wrong house repos” on the rise [*]Readers sound off on the Census: Essential service or nefarious plot? [/LIST] Here we go again. Markets have caught a chill after signs of inflation fever in China. And that’s not even the half of it. Let’s dive in… Consumer price inflation in China hit a 16-month high in February -- a 2.7% year-over-year increase. China’s National Bureau of Statistics was quick to put out a statement reassuring everyone that "price rises this year will be moderate and controllable,” but that’s not enough to calm traders looking for excuses to...