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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (6108)11/19/2008 3:03:46 PM
From: Feraldo  Read Replies (1) of 6924
 
Something I have not read much about related to your inflation thoughts. What were commodities prices like in the 1930's and what were the core drivers of inflation and deflation. In the last few decades medical costs have been a core driver for increased prices. Energy was a core driver for a few years, but really hasn't been too bad over the last few decades. So what deflated in the 30's? Was it everything?

Even on a year over year basis the deflation in the commodities markets is staggering right now. Everything is down. Consumer prices are probably due to fall further as retailers and all businesses lose any pricing power they may have had left.

Right now, from what I gather, the biggest hits are being taken the closer you get to the raw material coming out of the ground. O&G, gold, silver, etc... miners and drillers. These companies are shutting down. Agriculture the same way. Ag prices in the dumps and dumping. Hate to be a farmer right now. Paid all that cash for all that expensive fertilizer in the spring and now the crop isn't worth squat.
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