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SPDR S&P 500 ETF Message Board

  • fed_up_c_ws fed_up_c_ws Nov 14, 2013 11:15 AM Flag

    PRICE STABILITY

    Unless you are living in a cave you know prices for everything are going up despite the FED'S insistence that inflation is low to non-existent. Walmart missed earnings for crying out load, how does that happen?? Their customers are all SNAP recipients!! HINT - THEIR PURCHASING POWER IS GOIING DOWN!!! Chained CPI, that is what the FED means by transparency??? Boy we are all in trouble. Personal anecdote - I dont regularly service my car so the last time I bought motor oil was a few years ago and it was about $2 qt on sale. Yesterday the cheapest I could find was $4.99/qt at Autozone - yes we have no inflation.

 
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