Inflation causing economic boom, then bust

May 4, 2011
By Russ Winter
The Wall Street Examiner

During the last four weeks, orders are below expectations for Whole Foods (WFMI), according to OTR Global Research, which tracks suppliers. Its research suggests the same trend is occurring for cruise lines and mobile hand sets. This merely confirms what should be apparent from looking at Gallup consumer tracking, that shows consumer confidence faded at the end of February. In late March, confidence tracked lower again and then in April, rolled over even harder and is now a full 14 percent lower than last year. The OTR revelation about WFMI suggests that wealthier people are being impacted by inflation on a lag from the average consumer...

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