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


To: Jim Willie CB who wrote (7960)2/13/2004 9:00:59 AM
From: russwinter  Read Replies (3) | Respond to of 110194
 
The "small print" in the retail numbers that no one cares to mention. Americans are spending more on subsistence items. Food and beverages spending up 1.8%, gasoline up 1.7%. Is it because folks in the US rubbed their tummies after XMAS and said, "you know Ma, I really have a hankering to chow down this month"? No way, it's higher prices coming through. I just received my natural gas bill, gawd, and it's never below freezing here. It'll get worse, and you heard it here first.
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