If the US has a Recession, Who is to Blame?
> "Alan Greenspan really made a mess of all this. He pushed out too much liquidity at the wrong time. He supported the tax cut in...
Shipping to Lattes: The Problem of Higher Prices
Earlier this morning, we noted Starbucks’ (SBUX) inflation woes. When I wrote "Expect to see more problems like these," I...
More “Tame” Inflation
> Won’t someone please fire these lazy headline writers? Its amazing to read these headers on inflation, which are then belied...
Quote of the Day: GS & WMT
From market curmudgeon Bill King, who tells it like it is: "Ironically, or rather idiotically, traders poured into stocks on...
Producer Prices: Tame, or Not?
0.1% PPI ? Not according to the BLS year over year data: "From October 2006 to October 2007, finished goods prices advanced...
Rising Crude Oil Pushes Consumer Prices Higher
I’m not sure what to make of the Core-heads — that motley collection of blinker-eyed ostriches who either claim there is not...
Anecdotal Evidence: Retail Thriving
[Plague kills 1/3rd of Europe. A collector is carrying away the dead on a large wooden cart.] The Dead Collector (calling out): Bring out...
Are Retail Stocks Bargains?
“Retailers are one of the few sectors that appear to be pricing in the fear of a recession.” -Bill Nygren, manager of the...
Consumer Sentiment Drops to 2 Year Low
Consumer sentiment continued to slide in November, University of Michigan/Reuters survey. The November consumer sentiment index was 75.0...
It’s the Food Inflation, Stupid!
The weak dollar has fueled U.S. exporters, almost without regard to sector. GM is selling plenty of automobiles overseas, edging out...