Monday, October 06, 2008

Commodities and the Consumer

Cost Benefit of Higher Lower Commodities

The impact of commodity prices on consumer's wallets is now at its lowest levels of the year. With today's decline in oil and most other commodities (besides gold), the average consumer is now saving an average of 62 cents a day compared to the start of 2008. This is a complete reversal of the spike we saw early in the Summer when higher commodities were causing the average American to spend an extra $4.77 per day.

Commodities100608

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.