Our friends in the government.........(I'm from the government and I'm here to help you) the Labor Department, reported yesterday that February prices for "crude foodstuffs" were 18.8% above year-ago levels. Food companies are starting to pass those higher costs of ethanol on to consumers as wholesale consumer food prices were 6.8% above year-ago levels.
Inflation. It's alive and well in America.
CEO & Partner, Parisian Family Office. Began Wall Street career in 1982. Founded investment firm, Native American Advisors, 1995. White Earth Chippewa, Tribal Member. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, TN farm, Pamelot or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
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