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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (7498)	2/9/2004 7:40:45 PM
From: ild	Respond to of 110194

<<<import prices have for the first time in years begun to edge higher>>> IMO This is the most important piece of information in the article. In other words the very positive economic effect of years of falling prices on consumer goods is largely over. This "WMT SKU indicator" has changed direction.

To: russwinter who wrote (7498)	2/9/2004 8:03:31 PM
From: mishedlo	Read Replies (2) \| Respond to of 110194

Disappointing sales over Thanksgiving drove home the need to freeze profits on a per-item basis, he wrote in a note published Thursday, and Watts and Degn are not traditionally price-oriented players like Harris was. And raising prices will help sales? LMAO Sorry Russ - shoppers will go ewlsewhere or cut back. Mish

To: russwinter who wrote (7498)	2/9/2004 9:04:24 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 110194

I agree, Russ, hadnt noticed VP shifts at WalMart just so you know, my songs rhyme with your notice I believe WalMart represents the nexus for ushering in higher Asian imported product prices WalMart kills its competitors they eagerly await the opportunity to hike prices, but can only do so when WMT does first since WMT is the low-price trend-setting seller, WMT will naturally be first and it will make the news I believe that is why the WMT shares are droopy check out its stock share price chart looks to me like a delayed reaction to the Japanese Yen breakout in October !!! stockcharts.com[h,a]daclyyay[dd][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G we as a nation import a scad of finished products, and a mountain of commodities, plus most of our energy hardly anyone talks about the "back door" inflation threat this is the final step in a round-the-globe trip of exported USDollar funny money capital, that has finally begun to hit home in the real economy it hit home in 1999-2000, but in the financial markets now it is time for prices to be seen on shelves and the absurd CPI imagine the CPI index showing evidence of price inflation !!! from "Dragon at the Back Door" (Sept 2003) financialsense.com We actually believe we might win back jobs in a trade war. Such incredible shallow thought. If China does not revalue their currency, then we will. Instead, every conceivable ill effect would follow. They would lose much of their appetite for USTBonds and GSE agency debt. They might oblige us and enable a 10-15% price rise in our imports. WalMart, beware !!! They might accelerate their planned diversification out of our Treasury debt and into Gold. They might move forward any plans for a Gold-convertible Yuan currency. All of these potential reactions would qualify as retaliation. from "Broken Cycle: Permanent Intervention" (Jan 2004) gold-eagle.com Retail sales are watched more diligently than the seacoast in times of war. Sales growth of 1% in December hardly implies robust consumer behavior. While our citizenry regards retail sales as critical, they cannot adequately state the benefits of such sales. I truly believe WalMart is the mortal enemy of American business, its labor, and its industry. Can anyone explain how minimum wage jobs, and stocked shelves from Chinese and other Asian suppliers, benefit our nation? The thought is laughable, even as shopping at WalMart has become a favorite national pastime. I eagerly await the day when the national chain declares their heightened vulnerability to across-the-board price increases, after China repegs to a higher currency level. Let us not forget that our clueless Treasury Secretary embarked on a failed mission in November toward that very purpose. / jim