Wednesday, January 2, 2008  The Financials of 2008 – What Will
We Talk About?  I am not a big fan of forecasts and trend
predictions. The papers are filled with year end summations and
forecasts. Through my readings I have noticed some financial
concepts are being constantly repeated. I believe these will be
the main building blocks of the financial discussion in 2008.
It’s everywhere. Prices have been slowly yet surely increasing
since 2007 started. The increase in oil prices was the most
noticeable but other commodities were not late to follow.
Industrial metal prices such as: aluminium and steel and basic
food prices such as: wheat, corn, soy and other vegetable oils
have all sky rocketed. The price increase of basic and raw
materials will surely lead to further price increase in
consumption goods and foods such as milk, pasta, bread and meat
as feeding animals is much more expansive. An increase in
transportation prices and in furnished goods is also probable
due to the increase in raw material prices. T