Quarter to Quarter Aggressive Growth Stocks Message Board

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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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From: Jack Hartmann	3/14/2008 11:42:53 AM
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Is the government lying about inflation? nytimes.com For the year, inflation is still running high. Compared with a year ago, consumer prices were up 4 percent in February, and the core index rose 2.3 percent, higher than the Fed’s comfort level. The cost of food and beverages remained elevated, ticking up 0.4 percent last month after a 0.7 percent rise in January. And oil prices have surged in the last two weeks, climbing to all-time record highs that will probably nudge up energy costs for consumers in March. We think that inflation is more like 8% from a year ago vs. the posted 4%. We think the housing sector has collapsed so bad it offsets the actual inflation numbers that most of us see. data.bls.gov has the price indexes and it seems that most products went up double digits from last year. I can't find one product that was under 4%.

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