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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (18921)9/23/2004 10:45:14 AM
From: mishedlo  Read Replies (1) of 110194
 
Coke increased prices and sales dropped.
Surprise surprise surprise.
No doubt Coke drinkers will switch to generic brands too.
General Mills bitching but has barely raised prices.
Now that corn and oats are falling, are they still bitching?
LEN made its profit on land sales not home sales.
Interesting.
What does that say for home price sustainability at these levels?
IMO you bolded the wrong sentence.
Here try this one:
If Coke is experiencing lower volumes due to higher prices, the ability for other companies to raise prices will be challenging.

Check this out:
Colgate said that increased marketing spending and higher raw material costs will cause earnings to be more than 10% below analysts’ forecasts. Additionally, the company forecasts that higher raw material costs will remain high, but will not continue to accelerate higher. The personal products company also said that it plans to increase advertising spending in order to gain market share.

Do you see price increase mentioned in that paragraph? I do not. Does colgate feel it can pass on price hikes?

On the topic of lackluster auto sales, GM and Ford announced that it will offer zero-percent six-year loans to help clear out 2004 model year inventory.

Pricing power?
Ha ha ha ha!

Mish
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