Tuesday, April 1, 2008

More signs of a slowing economy & higher consumer costs (inflation)

This is just the first crack to show....I expect some SERIOUSLY ugly numbers in car sales this year. http://news.yahoo.com/s/ap/20080401/ap_on_bi_ge/auto_sales;_ylt=Ag6M.kBLG0ZFVJvH3xBrSxeyBhIF


"General Motors and Chrysler both reported a 19 percent drop in U.S. sales on Tuesday. Ford's sales fell 14 percent and Toyota was down 10 percent compared with last March. Nissan fell 4 percent and Honda reported a 3 percent drop."

You see what is going on with your grocery bill? Expect to see that cost spike in the upcoming months....Here are some examples http://news.yahoo.com/s/ap/20080331/ap_on_bi_ge/uneasy_economy_sticker_shock;_ylt=Ap03FsYGP.vCTidFciJ.K9Gs0NUE

Dan Ross

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