So Ends the Economic Recovery

[DrLeftover]

In the pockets of those who support the terrorists that wish us dead.

Oil importers are growing wary of the impact of prices near two-year highs as some OPEC members foresee a further rally to the $100-a-barrel level and Arab oil ministers gather for a meeting in Cairo.



Japan’s economy minister said today the government needs to keep an eye on climbing prices while the deputy governor of the Chinese central bank said inflation pressures are rising.

http://www.bloomberg.com/news/2010-...-members-target-100-before-cairo-meeting.html

 

[Temerit]

First Derivative of Oil Prices = How the Economy is Doing?

 

[DrLeftover]

The price of fuel carries directly into the price of everything and is the largest single influence to the broader inflation index.

 

[Temerit]

You realize a certain level of inflation is healthy?



We will see how this plays out.