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Pastimes : All Clowns Must Be Destroyed

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To: Lucretius who wrote (32657)5/12/2000 8:46:00 AM
From: pater tenebrarum  Read Replies (1) of 42523
 
re: PPI. this latest number came in tame, as expected due to the timing of the sampling. the NEXT one won't be as tame. the energy complex is on fire:

tfc-charts.w2d.com

tfc-charts.w2d.com

tfc-charts.w2d.com

most amazingly, HEATING OIL for summer delivery is at a new high! this goes to show that there must be severe bottle-necks in refining capacity. distillates going through the roof, and may well continue to do so.

add to that the nascent ag bull market:

tfc-charts.w2d.com

and it becomes clear that those things we tend to exclude from the numbers because they go up in price, continue to do so.
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