No inflation?
The indexed chart for the following commodity prices 13 markets in total.
01 = Burlap
HG = Copper Sc-rap
06 = Cotton
30 = Hides
10 = Lead Sc-rap 11 = Print Cloth
12 = Rosin
13 = Rubber
57 = Steel Sc-rap
18 = Tallow 54 = Tin
22 = Wool
23 = Zinc
01 = Burlap
02 = Butter
CC = Cocoa
HG = Copper Sc-rap
C2 = Corn
06 = Cotton
30 = Hides
LH = Hogs 09 = Lard
10 = Lead Sc-rap
11 = Print Cloth
12 = Rosin
13 = Rubber
BO = Soybean Oil
57 = Steel Sc-rap
LC = Steers 17 = Sugar
18 = Tallow
54 = Tin
MW = Minneapolis Wheat
KW = Kansas City Wheat
22 = Wool
23 = Zinc
Open your eyes and look clesely all, precious metals and oil is not included in the index.
What this means is either the consumer will be under pressure from rising product prices which we have not seen yet or competition amongst companies will be so tight whereby some if not many companies will simply go bust as they try to keep prices low in the name of competition.
Globalisation you say? ho ho ho my furry fiend.
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