06/03/2008 18:25 Mountain
Hello Friends,
I found a geat article in Transworld Business - The Leader in Boardsports News and Information, by Jeff Harbaugh regarding the labor chase and commodity prices. Are we going to come back to the United States in order to produce so the Europeans will have more purchasing power. Probably not, but it does make you wonder if the labor chase is ending and if the US Dollar's purchasing power is ending as well. Regardless, retailers will have to pass on higher production costs to the consumer.
A great way to stay on top of changing fundamental trends and a way to profit from it is to check out Into The Markets - Investment Education One Step at a Time.
As a currency trader, it is interesting to see how these massive fluctuations and devaluations in one currency can affect the outdoor apparel industry. A very strong industry right now, but if a recession takes place, how will it hold up?
Have a great day and GO PENS!
Tuesday, June 3, 2008
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