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Reply #36: Thanks, ozymandius [View All]

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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-01-04 10:05 AM
Response to Reply #21
36. Thanks, ozymandius
Nice group. Good graphics.

To your comment - as you know, rising commodities prices inevitably get passed on. There's been a lot of ledger-domain of inflation indexes and retail price buffering by major integrated companies -- but, that was tied to their U.S. reelection strategy. There's a huge lagging price push coming -- particularly in the domestic gasoline and energy sector -- that's putting downward pressure on the dollar.

Now that Bush & Co. are safely back, that 23-year high in commodities prices is going to be translated into a 23-year high in retail price increases. No putting that off further.

Gotta get some graphics - any suggestions where?

- Mark
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