Buffett's Berkshire bought Duracell. Indeed a move to reaffirm the Wise Man's faith in consumer items. We are going to see a spending boom again: that is the signal.
Real prices will be steady given input costs are falling (oil for example) and that prices may not rise so much given that the quantum of money supply is unlikely to increase so much in the coming year. Jobs are more and there is an enhancement in wealth with asset appreciation already perceived. Expectations are likely to keep the momentum going.
The weekend seems a good time to hold stocks and the US dollar.
Real prices will be steady given input costs are falling (oil for example) and that prices may not rise so much given that the quantum of money supply is unlikely to increase so much in the coming year. Jobs are more and there is an enhancement in wealth with asset appreciation already perceived. Expectations are likely to keep the momentum going.
The weekend seems a good time to hold stocks and the US dollar.
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