According to the AAA, the record average gas price for regular unleaded gas was $4.114 on 7/17/2008. Diesel hit a record on the same date at $4.845.
LA Gas Price
Wheat Hits New Record High
Wheat futures were halted limit up at the open today and closed at a new record high.
Nearly all commodities are spiking higher.
Nickel Spikes 82 Percent
Alleged "Benefits of Running the Economy Hot"
Charles Evans, president and chief executive officer of the Chicago Fed wants to run the economy hot.
For discussion, please see Chicago Fed President Praises the "Benefits of Running the Economy Hot"
Hello Charles Evans, Care to Reconsider?
Real Personal Income Declines for the 8th Time in 9 Months
Real incomes are sinking but spending isn't. .... Yet
For discussion, please see Real Personal Income Declines for the 8th Time in 9 Months
R E C E S S I O N
The stock market is not close to factoring in these global disruptions
A recession is baked in the cake. Stock market declines even if there miraculously is no recession.
How low will the bear market to go?
This post originated on MishTalk.Com.
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