and the average price of oil ticks up with every passing day. i see easyjet got pummelled yesterday when the analysts realised they had all their hedges ending this quarter...see my post above, but this is a huge driver of inflation for the coming year
and the average price of oil ticks up with every passing day. i see easyjet got pummelled yesterday when the analysts realised they had all their hedges ending this quarter...see my post above, but this is a huge driver of inflation for the coming year
ReplyDeleteYippee!
ReplyDeleteGues who gets paid in $?
Congratulations Tim, You must have had a nervous 2007.
ReplyDeletePersonally I am grateful to CU for his authoritative and early prediction of the top at $ 2.10, which saved me from a premature liquidation
So does this mean we start importing inflation? Or does the tignt monetary/consumer spending situation counterbalance this pressure?
ReplyDeleteThought?
err, were you looking at me, Steven ?
ReplyDeletewiser heads than mine haven't a clue
my only thought is: inflation is really easy to engineer, stroke-of-a-pen stuff, whereas deflation takes a complex combination of factors to occur
Just because no one has a clue doesn't mean we can't all have opinions Nick.
ReplyDelete