At 2.06% September's Annual Inflation rate came in at almost exactly half of the 4.15% Annual rate that existed only two months earlier in July. But does that mean that all of our inflation worries are over, the FED’s tightening has worked and all is right with the world? Not Hardly! I certainly wish we were reentering the days of low inflation, low interest rates and a recovering economy. But that is not the case this month. What we have is a simple rebound effect from… believe it or not… Hurricane Katrina. It is hard to believe but the one year anniversary of Hurricane Katrina has passed. With it’s passing we have the spike in prices that it caused passing too. The interesting … [Read more...]