Sunday, April 20, 2008

IT'S GAS PRICES, STUPID!!

GAS IS STARTING TO BITE THE ECONOMY... AND BITE IT HARD.

THE NOTION THAT COMPANIES COULD "IGNORE" GAS PRICES WHEN PRICING PRODUCTS IS STARTING TO CRUMBLE...



MY UNSCIENTIFIC POLLING SAYS THAT THE "NEW THINKING" IN BUSINESS IS THAT PRODUCT PRICES MUST RISE TO REFLECT THE NEW HIGHER GAS PRICES...THAT COULD VERY WELL BE THE BACKGROUND NOISE FOR THE REST OF THIS YEAR...

GAS IS REALLY STARTING TO KICK IN NOW