Which LEAPS do you own?
Did you ever check the NEM converts? They be chillin' like a villain. Word.
Check this -
Now, how does the Fed increase the profit prospects for non-energy corporations faced by rising energy costs of production? By cutting interest rates, which, all else the same, ramps up money supply growth, which ramps up the demand for all goods and services, including those of energy. If all goes according to plan, the selling prices of non-energy goods and services will rise sufficiently so that revenues will increase faster than energy costs, thereby improving the profits of the producers in the non-energy sectors. Of course, the plan could go awry with energy costs continuing to rise faster than sales revenues in the non-energy sectors. Either way, though, we are looking at higher inflation.
Mad props for dat to my homeboy from the Plastic Hood, the stone cold killa, JungleInvestor. Keepin it real.
peace out,
td |
