Wednesday, December 21, 2011

Interesting Signal That Stronger Consumer Price Inflation may Be on Its Way

The 52-week high list is filled with broad-based key consumer related stocks.

CNBC tweets:
New 52-week highs: Wal-Mart, Pfizer, Verizon, McDonald's, Home Depot, Starbucks
These stocks are obviously climbing because business is good and sales are up. It also suggests these firms will be stronger bidders at the commodity and wholesale level , pushing commodity and wholesale prices higher, which will then in loop back fashion result in their raising consumer prices.

No comments:

Post a Comment