(This message is sent in response to your request to receive monthly inflation updates.)
In this issue:
Quote of the Month- "Who Said it?"
Dear Subscriber:
Welcome to the July 2008 Financial Trend Forecaster and InflationData.com e-Trends Newsletter.
Inflation is up almost a full percentage point, to 5.02% this month, primarily due to food and energy prices. As I've said many times, 5% inflation is the turning point, above that level inflation becomes painful and more noticeable and it begins to stifle the economy. But we are headed higher, the MIP is predicting we could see 8% or more. Fortunately, we haven't reached Zimbabwe levels Zimbabwe Hyperinflation reaches 2.2 Million Percent
In the last couple of days the price of Oil has moved down a bit. This fits in well with this month's two articles on oil. Oil vs. Gold -- Is Oil Expensive or Gold Cheap? and Are Oil Prices Being Driven Up By Speculation? Plus we have several other new articles this month. See below to find out more...
I hope you will find them interesting and helpful.
Best Wishes,
Tim
“The highest reward for a person's toil is not what they get for it, but what they become by it. ”
This month we have the following new articles for you--
Inflation Adjusted Oil Prices Reach All-time Highs-
http://inflationdata.com/inflation/Inflation_Rate/Historical_Oil_Prices_Chart.asp
Euro area inflation estimated at 4.0%
http://inflationdata.com/inflation/Inflation_Articles/EuroInflation.asp
Inflation Adjusted Corn Prices
http://inflationdata.com/inflation/inflation_Articles/Corn_Inflation.asp
Zimbabwe Hyperinflation reaches 2.2 Million Percent
Gold, the Dow, T-Notes: Which Does Best During Recessions?
Good News for Income Investors
The NYSE index fell this month by -7.14% compared to an annual loss of -9.49% we had last month. This brings the current annual loss to -17.40%. for those who have held it for one year. The Sell signal continues. See http://fintrend.com/ftf/nyse_roc.asp for more details.
The NASDAQ fell -5.79% for the month which increased the loss
for the year to -14.27% and maintains a sell signal.
See http://fintrend.com/ftf/nasdaq_roc.asp
Annual inflation is up sharply, this month Projections are for 8% or more inflation within the next year.
See what The Moore Inflation Predictor is forecasting: http://fintrend.com/ftf/mip.asp
Annual inflation Chart: See what the Annual Inflation rate looks like now
See http://inflationdata.com/inflation/Inflation_Rate/AnnualInflation.asp for more information.Current Inflation Rate Table: See rates since 2000
http://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.aspHistorical Inflation Table: See the bigger picture-- rates since 1913
http://inflationdata.com/Inflation/Inflation_Rate/HistoricalInflation.aspx
John Ruskin said, "The highest reward for a person's toil is not what they get for it, but what they become by it."
Have a great month.
Timothy McMahon, Editor
Financial Trend Forecaster
The Web's Premiere Inflation Forecasting Website
www.Fintrend.com
www.InflationData.com
www.YourFamilyFinances.comP.S. Share the Wealth! If you know anyone who would benefit from getting this free newsletter please forward this message to them. They can subscribe here
If you have any suggestions on how we can improve this service or any suggestions for article topics, please contact me at editor@fintrend.com.
Copyright (c) 2008
You are receiving this because you subscribed at www.Fintrend.com or InflationData.com.Financial Trend Forecaster is a publication of
Capital Professional Services
7283 Yahley Mill Road
Richmond, VA 23231Nothing in this e-mail should be considered personalized advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular situation. No communication by our employees to you should be deemed as personalized advice.