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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (23828)8/17/2006 11:31:02 PM
From: dijaexyahoo  Read Replies (2) | Respond to of 42834
 
--We must be listening to different versions of the brinker show.

kirk responded:

<<Do you need this direct quote from Brinker explained to you? Honey posted a full transcript on her beehive... ask her for a post number so you can read her original.>>

--I have listened to his show almost every weekend. I must have missed that one.

It contradicts common sense, and it contradicts everything I have heard him say. Obviously, higher oil prices cause gasoline prices to go up,and they cause many things in the transportation sector to go up.

I have heard him say many times that high oil prices will have an inflationary effect on the transportation sector.

The bottom is is this: Would you (and the other bashers) have believed, in 2002, that oil prices could go THIS high, for THIS long, without having more of an impact on core inflation than they have had?

Be honest!