- Jul 29, 2014
- 22,331
- 23,734
Lets hear your thoughts and facts regarding the current state of inflation. Is it monetary, supply chain, labor shortage or any combination of the 3? What's the cure and how long till we return to say 3% or under?
New economic data yesterday shows another increase in wholesale pricing and we've already seen the massive 7.5% mark from a week or so ago. How long does it go on? When does it peak/ When do we see the Fed Put?
I'm laughing at the MSM throwing smoke about oil prices and the shiny object of Russia. While I agree there is an effect there the bigger underlying problem is lack of not only inventory but lack of development and new production. I see this continuing longer than just a few more weeks or months. Like anything else I don't see a straight line up but a series of chopping sideways and higher.
Saw another interesting fact in commodities that show either 18 or 19 basic materials are in a state of backwardation which is the first time since 1997 that we have had so many in that state. Obviously higher prices now are a fact but what if there is a continued physical shortage? If the materials are in fact not short how long before the supply chain/labor issue is resolved returning them to a flatter price?
New economic data yesterday shows another increase in wholesale pricing and we've already seen the massive 7.5% mark from a week or so ago. How long does it go on? When does it peak/ When do we see the Fed Put?
I'm laughing at the MSM throwing smoke about oil prices and the shiny object of Russia. While I agree there is an effect there the bigger underlying problem is lack of not only inventory but lack of development and new production. I see this continuing longer than just a few more weeks or months. Like anything else I don't see a straight line up but a series of chopping sideways and higher.
Saw another interesting fact in commodities that show either 18 or 19 basic materials are in a state of backwardation which is the first time since 1997 that we have had so many in that state. Obviously higher prices now are a fact but what if there is a continued physical shortage? If the materials are in fact not short how long before the supply chain/labor issue is resolved returning them to a flatter price?