Jim Cramer's Stop Trading! 3/27/08: General Mills CEO Kendell Powell

Recap of Jim Cramer’s comments on Stop Trading! Thursday March 27. Click on a stock ticker for more analysis.

Interview with CEO Kendall Powell of General Mills (GIS): Although many blame ethanol for creating food inflation, Kendall Powell thinks the main cause is global growth for driving up the price of commodities, although ethanol “doesn’t help” matters. Powell expects food prices eventually to moderate, although some degree of inflation should continue. “I don't think the global economy is going to slow down any time soon,” said Powell, “which is a good thing.” Cramer says he’s like GIS since the 80s and continues to be bullish.

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