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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (40951)	11/10/2005 3:33:58 PM
From: valueminded	Respond to of 116555

Kimberly Clark is raising prices 6% on paper and diaper products. They are considered the largest US producer. I think the Federal Reserve is waaay behind which is why there is so much money sloshing around. Inflation will be 6% or more next year. Construction products are going up an average of 7% next year added on top of a 10% increase this year. These include plumbing, electrical, wood, shingles, siding, sheathing etc. I will let you know my medical premium increase for this year. For the dental, it was 10%. Electricity was 7%, natural gas is 40%. My shipping costs for my business have already increased 8% this year. On another note, I wonder how they can say core inflation is 3% but a 4% fed funds rate is still accomodative. . . . . Me thinks someone makes this stuff up