Hope you don't like wearing cotton...

I've mentioned inflation (and the threat of more inflation) a lot here lately, but this chart from Finviz does a better job than any of my words could of showing what's really been going on in the markets lately.

Notice that while cotton's been leading the charge higher, food staples like corn, oats, and wheat are right behind. Even if you're invested in stocks and enjoying the dollar-led rally of the past 3 months, you're losing in terms of purchasing power. Increased prices may not have shown up at your grocery store yet, but they will. This is why quantitative easing and other dollar-debasement strategies won't work--these are the results.


[Finviz.com]