Mystic
We're all born mad
I like a lot of the Norman stuff I've heard over the years.
Prices.... Going Up!!!
- Thread starter musichal
- Start date
I like a lot of the Norman stuff I've heard over the years.
Erik Tracy
Everyone's happy when the wizard walks by
Rolling 12 month food inflation for August
Mystic
We're all born mad
The rising cost for butter -- here, there, everywhere -- has been something, but at least it's somewhat stablized since early April 2022:
BUTTER (EUR/T): SEPTEMBER 2021 > 15 SEPTEMBER 2022
spicer
Lunatic Member
Amen, as in solemn agreement. Malthus, an operations manual beyond vice for democide exceeding borders, East India Company bridging generations. Food is king, it's production is being checked. Apple stock, bought it before the first split, 1987. How did I know, their icon, it flowed from that. One cannot eat money, gold, currency. Everyone needs food.
Erik Tracy
Everyone's happy when the wizard walks by
Rolling 12 month energy inflation - ouch!
orsen
Jukebox Hero
good one 
It'll be interesting to look at that graphic again next August.
https://www.businessinsider.in/poli...ecession-report-says/articleshow/93562049.cms
https://www.cnbc.com/2022/09/15/fed...e-economy-to-enter-a-worldwide-recession.html
Seems to me that we need to quickly come up with a new definition of recession.
https://www.reuters.com/markets/us/...lls-again-second-quarter-fed-says-2022-09-09/
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Mystic
We're all born mad
In the USA prices are rising ... but so is American consumer confidence?
The University of Michigan monthly Consumer Sentiment Survey for the US increased to a five-month high of 59.5 in September of 2022 from 58.2 in August, compared to market forecasts of 60, preliminary estimates showed. Both current conditions (58.9 vs 58.6) and expectations (59.9 vs 58) improved. With continued declines in energy prices, the median expected year-ahead inflation rate declined to 4.6%, the lowest reading since last September, from 4.8% in August. At 2.8%, median long run inflation expectations fell below the 2.9-3.1% range for the first time since July 2021. Said the survey's director, Joanne Hsu: "...it is unclear if these improvements will persist, as consumers continued to exhibit substantial uncertainty over the future trajectory of prices. Uncertainty over short-run inflation reached levels last seen in 1982, and uncertainty over long run inflation rose from 3.9 to 4.5, well above the 3.4 level seen last September".
Source: University Of Michingan at Ann Arbor
The University of Michigan monthly Consumer Sentiment Survey for the US increased to a five-month high of 59.5 in September of 2022 from 58.2 in August, compared to market forecasts of 60, preliminary estimates showed. Both current conditions (58.9 vs 58.6) and expectations (59.9 vs 58) improved. With continued declines in energy prices, the median expected year-ahead inflation rate declined to 4.6%, the lowest reading since last September, from 4.8% in August. At 2.8%, median long run inflation expectations fell below the 2.9-3.1% range for the first time since July 2021. Said the survey's director, Joanne Hsu: "...it is unclear if these improvements will persist, as consumers continued to exhibit substantial uncertainty over the future trajectory of prices. Uncertainty over short-run inflation reached levels last seen in 1982, and uncertainty over long run inflation rose from 3.9 to 4.5, well above the 3.4 level seen last September".
Source: University Of Michingan at Ann Arbor
Johnno_Oz
W-a-y down south
Interesting, the Lithium Carbonate price pretty well matches Pilbara Minerals share price, who have the world's largest lithium mine down here. I've done alright with them.
Chinese energy crisis has more to do with the blacklisting on Aussie coal.
Spitfirejoe
Cheap Audio Aficionado
Making him the butt of a joke? Rather crude...
Just as long as it’s not Delcolax ! That’s an necessity to. Many people are full of it lol !
Now are buying Aussie coal through 3 rd parties and paying a lot more ! Theses are the same people spray painting dead grass and trees and rocks with green enamel paint to appear to be more green ! Also useing plastic vegetation to hide the baron hill sides !
Mystic
We're all born mad
The week ahead:
Next week's financial/economic status reports will be dominated by interest rates decisions on the part of several major central banking institutions including the U.S. Federal Reserve, the Bank of England and the Bank of Japan.
Also coming to light will be the updated inflation rates for Japan and Canada, the Ifo Business Climate report for Germany, and "official" housing data in the United States.
Investors will also look forward to seeing manufacturing PMI figures for the U.S., the UK, the Euro Area, France, Germany, Australia, and Japan.
Next week's financial/economic status reports will be dominated by interest rates decisions on the part of several major central banking institutions including the U.S. Federal Reserve, the Bank of England and the Bank of Japan.
Also coming to light will be the updated inflation rates for Japan and Canada, the Ifo Business Climate report for Germany, and "official" housing data in the United States.
Investors will also look forward to seeing manufacturing PMI figures for the U.S., the UK, the Euro Area, France, Germany, Australia, and Japan.
Mystic
We're all born mad
LITHIUM CARBONATE SETS ANOTHER (HIGH) PRICE RECORD
Lithium carbonate prices in China rose to a record-high 500,500 yuan/tonne in September, soaring over 80% year-to-date as surging demand coincides with lower supply. Is there even an end in sight?
Prolly not for a cpl years,maybe a little after Nov. though
invaderzim
Super Member
Ignorance is bliss?
Record Producer Price Inflation hits Germany, 45.8%
https://tradingeconomics.com/germany/producer-prices-change
"Energy prices remained the biggest upward contributor (139.0% vs 105.0% in July), namely the distribution of natural gas (209.4%) and electricity (174.9%)"
The Germans when they were cautioned about abandoning conventional sources of fossil fuel energy in favor of predominantly Russian natural gas:
https://tradingeconomics.com/germany/producer-prices-change
"Energy prices remained the biggest upward contributor (139.0% vs 105.0% in July), namely the distribution of natural gas (209.4%) and electricity (174.9%)"
The Germans when they were cautioned about abandoning conventional sources of fossil fuel energy in favor of predominantly Russian natural gas:
NH-MAN
Addicted Member
Sweet, also the rest of us thinking grownups overseas as well knew it wasn't a smart Idea. Never listen to governments or "experts" I always tell people.
