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


To: mishedlo who wrote (72445)12/17/2007 12:32:59 PM
From: sea_biscuit  Read Replies (2) | Respond to of 116555
 
It's hard to say if this is the last hurrah for higher CPIs or not (I think it might be), but it does not take much digging to see the headline numbers are primarily energy based.

That sounds so BLS!

So unless energy becomes cheap, the prices of everything will continue to rise? How can energy become cheap, with supply peaking out and demand skyrocketing?



To: mishedlo who wrote (72445)12/17/2007 12:38:55 PM
From: sea_biscuit  Read Replies (1) | Respond to of 116555
 
Food's a bargain if you have a freezer

In regards to food, there is a veritable bargain on beef right now at Dominicks (Safeway).

* Standing rib roast $4.88
* London Broil $1.59
* Ground Beef $.99


Well, it is only a bargain if they can also give a coupon worth a couple of thousand dollars for the ensuing angioplasty! :-)

Again this sounds so BLS with their crazy substitution formulas. If broccoli is too expensive, buy ground beef and store it in the freezer! If lettuce is too expensive, switch to London Broil!