Are you worried that serious inflation is about to rear its ugly head soon despite the best efforts of the Fed?
Do you think the Consumer Price Index might just jump off the charts when the next set of monthly data is released? (July 19, 2006, at 8:30 am Eastern Time, according to the official website.)
I am not an economist, nor do I even get to play one on TV. (Come to think of it, does anyone actually play an economist on TV?) Anyway, I won't call my fears "predictions" like the pundits on cable talk shows, but here's what I'm basing my "observations" on.
I receive something called Price & Supply Alert which is an electronic newsletter you can sign up for at Purchasing.com.
Here are snippets of recent headlines all from different industries or commodities in just one single issue of the newsletter.
- Prices Hiked On Paper Tubes
- Higher Industrial Gas Prices (gases like oxygen & nitrogen)
- Gasoline Prices May Keep Rising (pump prices)
- Steel Demand, Prices Heating Up
Be afraid. Be very afraid!
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