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| Yes in the case of processed foods it’s the packaging, handling, transportation and middlemen. Profit is squeezed out of the commodity. But any run up in the commodity price is used as an excuse to raise the product price, no retreat in the product price when commodity price drops. Capitalism at its finest.
As far as interest rates, with the nose bleed national debt, no room for interest to go up. Going to be interesting to see how new planned industrial expansion is going to be funded— without the cost of borrowing going up. Going to be a tight rope walk between inflation and cost of borrowing. Of course, if all those new planned projects already have the cash in hand, could be a game changer. | |
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Any insights from Trumps address and where markets are headed…
