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I continue to believe food inflation (agflation) will replace energy inflation as the “beef” (pardon the pun) of choice in 2nd half of 2008, mostly due to the delayed effects of high input costs making their way through the “food” (sorry) chain. We’ve been on this beat very early [Aug 29, 2007: Inflation in Groceries - Fed Between a Rock and a Hard Place]…
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28 July, 2008| Fundamental Analysis |
@ 11:00
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