Big Money Is Betting on Inflation, Not the Economy [View article]
Dear Galewhitaker: The consumer will continue to drive (absent carpooling and public trans) as long as it's necessary to EAT -- so commodities prices can safely go up (esp since there are now shortages of many staples, so it takes less buying to use up what's there). In this country, we are experiencing less of a rise bec we use commods less directly -- for example, we buy ready-made bread.
Even so, look at what's up the most -- cheese, eggs, beans and I'd guess chicken (haven't checked) -- exactly what poor people depend on. Don't expect much change until the agribiz lobby is pushed back on ethanol. Eventually (2 years? I'm optimistic) public pressure will have an effect. By then, lots more overseas deaths from hunger of course -- but that's not crucial for us, is it now.
I heard an "insider" on NPR a couple of days ago explaining that in the 70s a decision was made to back financials rather than industry, which is why it's financials that are bailed out. (One big exception was for an airline.)
Public has stood all this in the past, in prior recessions ( and esp stagflation (70s -- Nixon!!! froze price increases). Many other times where the prices have gone up hard for the poor, officially unnoticed. They keep changing the definitions so we can't tell -- for example, taking food and energy out of "core" inflation.
Big Money Is Betting on Inflation, Not the Economy [View article]
Big Money Is Betting on Inflation, Not the Economy [View article]
Even so, look at what's up the most -- cheese, eggs, beans and I'd guess chicken (haven't checked) -- exactly what poor people depend on. Don't expect much change until the agribiz lobby is pushed back on ethanol. Eventually (2 years? I'm optimistic) public pressure will have an effect. By then, lots more overseas deaths from hunger of course -- but that's not crucial for us, is it now.
I heard an "insider" on NPR a couple of days ago explaining that in the 70s a decision was made to back financials rather than industry, which is why it's financials that are bailed out. (One big exception was for an airline.)
Public has stood all this in the past, in prior recessions ( and esp stagflation (70s -- Nixon!!! froze price increases). Many other times where the prices have gone up hard for the poor, officially unnoticed. They keep changing the definitions so we can't tell -- for example, taking food and energy out of "core" inflation.
Top 50 ETFs by Revenue Per Fund [View article]
2. But I do find lists are often useful. As one example, lists of best performers.
Commodity ETF Overview [View article]
Others include DBC and dgp (double gold), etc -- DB may have other new ones.
Thanks, User #_______ for the COW breakdown.