Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Real Man who wrote (67449)	11/18/2003 7:00:29 PM
From: mishedlo	Read Replies (1) of 94695

women’s apparel prices - Ladies get screwed northerntrust.com Today, Commerce Secretary Evans imposed emergency import caps on Chinese-produced bras, evening gowns, and knit fabrics. Terrific! As the chart below shows, women’s apparel prices have risen at an annual rate of 3.4% in the six months ended October. Ladies, you can look forward to paying even higher prices on apparel in the future as a result of Secretary Evan’s edict today. Like the steel tariffs imposed by the Bush administration, these import caps can be expected to lead to net job losses in the U.S. save for the protected industry. Are U.S. furniture makers next in line for protection? The Bush administration seems intent on inducing stagflation. Conclusion – The favorable inflation picture allows the extra wiggle room for the FOMC to watch and wait until economic growth is on a firm foundation. Fed rhetoric is also suggesting that the FOMC is no rush to pull the tightening trigger in the near term.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next