Mish's Global Economic Trend Analysis 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 : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (525)	2/24/2004 11:41:37 AM
From: Wyätt Gwyön	Read Replies (4) of 116555

the consensus was off by so much, it is comical. barfing.com was predicting 102 vs 87 actual, LOL. I don't recall a period where we had this kind of a surge in energy prices and didn't have some kind of negative fall-out just goes to show, commodity inflation in a weak income/zero-pricing-power environment is DEFLATIONARY. discretionary income is being diverted to pay for energy. this is a direct tax on discretionary expenditures. Higher energy prices, along with other rising commodity prices, also are raising production costs for businesses, and they haven't been able to pass those higher prices on to consumers. As a result, corporate profit margins are being squeezed, making businesses reluctant to hire more ha ha ha--rock and a hard place! deflationary debt depression, here we come! the overcrowded anti-USD plays are so screwed on this triple top--when the bottom falls out of US economy and we have a full-blown recession, worldwide commodity demand will plummet and all currencies will plunge vs USD. $300 gold here we come. Prechter may even be right about $200 bullion. all imo, ha ha ha

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next