Prepare yourself for a summertime inflation shock. An expert who helps put together the government's Consumer Price Index (CPI) says that the closely-watch inflation gauge could rise abnormally "after June."
By David Petch
Ah, it is May, the snow has recessed to uncover nature waiting to beam with green radiance. Spring is in the air. On the same note, financial shenanigans of yesteryear are finally starting to come home to show inflation...inflation is in the air just as noticeably. This article is going to focus on "Inflation is in the Heir". Barrack Obama is a very intelligence speaker, intelligent and possess charisma. However, they could have Mickey Mouse or the Pope as the US President, or any other nation for that matter and there is nothing that can be done to prevent the coming inflationary wave...it is all part of a very long economic cycle.
[[wysiwyg_imageupload:2337:]]By Frank Holmes
After selling off nearly 14 percent the previous week, oil prices finished last week slightly higher at $99.65 per barrel. While the end result was a net positive, the volatility continued. Oil prices per barrel reached $104, then fell to around $96, before nesting just below $100.
As an investor, this volatility can be difficult to handle. Throw in the uncertainty of today's geopolitical environment, and investors feel the need to downsize their positions in commodity investments, such as oil.
We think markets could remain volatile in the short-term, but here are three long-term indicators to support $100+ per barrel oil prices.
[[wysiwyg_imageupload:2246:]]By Axel Merk
It's payback time for Ben Bernanke, the chairman of the Federal Reserve (Fed). In some ways, this should neither surprise, nor scare anyone. Unfortunately, however, it might do both.
World food prices rose to near a record in April as grain costs advanced, adding pressure to inflation that is accelerating from Beijing to Brasilia and spurring central banks to raise interest rates.
The fallout from lawmakers' delay on the debt ceiling is getting real. Treasury Secretary Tim Geithner said Monday that he would start taking "extraordinary measures" this week to keep the country's debt below its legal limit.
[[wysiwyg_imageupload:2228:]]By Clif Droke
A rather eye-opening headline appearing in the financial press is worth discussing here because it’s symptomatic of a bigger problem plaguing the economy. This problem will only increase in the coming months and there’s ample reason for believing it will eventually undermine the cyclical bull market in stocks. The headline reads, “Kimberly-Clark to hike prices after profit falls.”
Last week, Ben Bernanke suggested that the US base interest rate will stay close to zero for an "extended period". It's been there since December 2008.
Six German states said inflation accelerated in April, driven by higher energy costs.