Double-Digit Inflation Ahead? Are You Worried?

[BrunoMars420]

Copper and Lumber have appeared to have topped this week, possibly also the grains. I am curious to see if it has one more run in it, but Lumber futures are lower in the fall than current prices. Some of the CPI is going to cool off. Whats funny is this week most prices have declined, but all the reports are based off of prior weeks or months. The real question is, are we in a general upward trend similar to the 70's, 80's or will be in relatively low interest rate environment.

Retail spending slowed as well which is good for inflation.