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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (78236)4/23/2008 1:14:49 PM
From: Crimson Ghost  Read Replies (1) of 116555
 
Yes and a key reason for this consumer pullback is a surge in the price of many necessities.

Meat prices have not gone up much YET since cattlemen are reducing their herds because of soaring of feed costs. But once this process ends meat prices should explode on the upside -- probably later this year.
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