
As oil spurted from the $30s to the $70s during the past few years, as the price of petrol at the pump in the US exploded from about $1.50 to nearly $3.00, as copper quadrupled, the handwringing was all about how the consumer would collapse and inflation would skyrocket. It turns out that the positives, a strong global economy, a friendly Fed and the coinciding booming housing market, trumped the negatives of spiking raw material costs and energy prices, writes Cody Willard. |
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1 Comments:
Cody.....Why no more K&C? Did you have a falling out with Larry over something? Hmmm, strange how you were dumped by them....please let your loyal readers know what happened...thanks...
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