Stuff gets cheaper

The March Consumer Price Index reported that the average price of goods fell last month. This is the first time the CPI reported a March decrease since 1955. The CPI reported the price of goods fell by 0.1 percent.

Though a 0.1 percent decrease in cost will go unnoticed at the checkout counter, the year 1955 brings an different focus to the report. It adds support to the claim that this is the worst economic decline since the great depression.

"The numbers speak to an economy that is in deep recession, but we're no longer in the shock mode of staggering numbers that speak to a serious slide lower in terms of macroeconomic activity, coupled with the threat of inflation," said Peter Kenny, managing director at Knight Equity Markets.

Additionally, industrial production fell 1.5 percent. Analysts had predicted a 1 percent decrease.

The good news is that the stock market is always the first thing to improve at the end of a recession. It will be the first sign that the economy has finished crapping on...everyone. It is up 1,500 points since March 6.