Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Minyan Mailbag

By

You always wanna see both sides of the coin before you flip.

PrintPRINT

Note: Our goal in Minyanville is to remove intimidation from the financial markets and encourage an interactive dialogue among the Minyanship. We share this next discussion with that very intent.

Toddo,

My husband just had minor knee surgery exactly like the kind I had 2 years ago (we both ski too much). Same insurance, same doctor, same out patient surgical facility, same procedure. My first surgery 2.5 years ago had no co-pay, the second 6 months later had a $75 co-pay, and his just last week had a $350 co-pay. But there is no inflation?

Minyan Kitty Cohan

In the same vein....

Toddo,

I know it's been beaten to death at Minyanville, but let me offer just a little more anecdotal evidence of the out of control inflation we deal with in reality. This morning my when I went to get my 24 oz coffee I found out that they increased the price by 15%. I was also picking up 1/2 gallon of milk for my wife's cereal and that too was about $.30 - .40 more expensive. The cost of super grade gas near my house was $1.93 (1.61 two months ago) and I'm in New Jersey where the cost of gas is the only thing we have in our favor! Finally I just opened my mail and see that my auto insurance was raised 12 pct and that's with no tickets or accidents. Do you think we can get some 7% bond yields so I can at least not 'lose money on my money'.


Minyan Scott



Fellow Minyans,

I can't tell you how many emails I get that are along the same lines as yours. Yet, the Bureau of Labor Statistics and the Federal Reserve Governors continue to assure the public and assuage fears that prices are tame. One of two things is gonna happen. Either the Fed will acquiesce and fess up that inflation is a reality (they are barely admitting that it's a threat) or there will be a growing discord in the American psyche that leads to a crisis in confidence (that will finally pop the psychology bubble).

That, of course, doesn't mean that financial asset classes will immediately melt. Anyone who doubted the resolve of a coordinated agenda was administered an equity enema last year by the powers that be. And I have no idea how much ammo they've got in the gun but if my view is correct--and there is no guarantee that it is--the last bullet in the simulative gun will be pointed inward. Cheery? Nope...but you'll rarely get this take in the mainstream media and you should be aware that it exists regardless if you believe it to be.

All the very best and, as always, thanks kindly for the Minyanship.

Toddo


R.P.

No positions in stocks mentioned.

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE