Word: inflationitis
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The Indian companies who make those products, and their shareholders, will soon ask themselves the same question. A recent report from analysts at Bank of America/Merrill Lynch in Mumbai projects "a 10 to 15% pullback in equities led by drought-led growth cuts." Every major drought in India has a...
The Obama political team has concluded that cost inflation is mostly a Beltway issue, that August recess requires reform to be marketed in more personal terms: What does it mean for you? It would be nice if Obama stopped limiting his answer to that question to consumer protections against rapacious...
The U.S. stock market is up nearly 50%. Many bulls say there are hundreds of billions of dollars sitting on the sidelines that will come in, pushing the market higher. Do you agree? We've been through a secular bear market that really began in 2000. Adjusted for inflation, the...
Sort of like the '60s and '70s, when the stock market really went nowhere. Is that what we might be headed for longer term? Yes, exactly. That bull market really peaked in 1965 or 1966 and then it churned back and forth - and inflation ravaged it, even though the nominal...
Feel like your company has been particularly stingy on the raises this year? You're not imagining it. For 2009, the typical non-hourly worker will see a 1.8% bump in salary, according to a survey by the human-resources consultancy Hewitt Associates. That increase, the smallest in at least...