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Evidence that manufacturers are passing price increases on to their customers is revealed in the prices-received index from the Empire manufacturing survey.
Ben Bernanke seems to be saying rates won't change much, but inflation could be a real problem.
Yes, we see similarities to those inflationary times, but the big difference is that we're not experiencing wage inflation. Keep your eyes open and feelers out for insights that confirm or contradict the economic and investment trends of the 1970s, and you'll gain some wisdom about where the markets are heading.
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