Edited by redfoliage2, 17 July 2007 - 07:44 AM.
High Energy Price Spreading into Core price
Started by
redfoliage2
, Jul 17 2007 07:42 AM
3 replies to this topic
#1
redfoliage2
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Posted 17 July 2007 - 07:42 AM
PPI core up 0.3%. With oil on bullish trend one can only expect inflation getting higher and higher.
#2
redfoliage2
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Posted 17 July 2007 - 07:58 AM
The Fed chief will have to tell in front of the congress tomorrow that fight rising inflation is his current focus .PPI core up 0.3%. With oil on bullish trend one can only expect inflation getting higher and higher.
Edited by redfoliage2, 17 July 2007 - 07:58 AM.
#3
JAP
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Posted 17 July 2007 - 08:18 AM
The PPI, CPI, GDP numbers are totally disconnected from reality. The rigged earnings numbers are even worse 
LBOs and cheap money has been the main driver for the last year.
It has 1987 written all over it.
LBOs and cheap money has been the main driver for the last year.
It has 1987 written all over it.
#4
ChickenLittle
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Posted 17 July 2007 - 10:29 AM
The PPI, CPI, GDP numbers are totally disconnected from reality. The rigged earnings numbers are even worse
LBOs and cheap money has been the main driver for the last year.
It has 1987 written all over it.
For me 1987 was SOOOOO much fun. Like watch the demo of an old building, only problem was there were lots of people inside the building. I got on the right side of the market on Oct 6. I vividly remember the bottom on Tuesday when trading literally stopped and the futures contract was at a 12 point discount to cash. A LOT of people got hurt but I was lucky.
History always repeats . . . only the details change.
