Tuesday, December 25, 2007

HOLIDAY SALES PLUNGE AS FOOD AND GAS SOAR...

IT'S THE "NON-CORE" STUFF THAT IS THE CORE OF THE CONSUMER SPENDING...

SO MAYBE CORE INFLATION ISN'T REALLY CORE AFTER ALL.... UNFORTUNATELY...THIS CAN ONLY GET WORSE BECAUSE THE FED IS STILL OBSESSING ABOUT THE ASSET BUBBLES...WHEN THEY SHOULD BE WATCHING THE DOLLAR AND CONSUMER INFLATION...