Saturday, August 16, 2008

Inflation on the Horizon ?

With the report of the CPI index higher on Thursday some would say that inflation is going to drive stocks south .I would like to take an optomist view and say that what we are seeing in the CPI index could be the result of the record high energy prices that have now started trending lower . If oil continues trending lower and we can see some stability in the housing market as well as in financials ,maybe the bull could have another run going into 09 . Of course I really don't have a clue about where the stock market or the economy heading to ,but this is on my Christmas wish list for us all .


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