All Posts Tagged With: "Food"
A Grainy Picture
Most of us Americans are so accustomed to a world of plenty; we have a hard time imagining a world of scarcity — much less making investments based upon this idea. But the energy markets provide a very powerful example of what happens when resources become less plentiful.
Earthquake Will Boost Chinese Inflation Rate
The recent devastating earthquake in China will push record food prices in the country even higher. However, experts say the earthquake will not slow economic growth.
“There will be less supply of pork, less supply of rice,” said Sun Mingchun, a Hong Kong-based economist at Lehman Brothers Holdings, speaking to Bloomberg. “It’s not causing supply to decline drastically but it is definitely less. The impact on inflation is more than its impact on growth.”
The Fed at the Crossroads
Is the economy poised for a recovery, as the stock market seems to expect? Or are we in for another few more quarters of recession and/or slow growth?
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