Nothing apparently is ever inflationary to the Fed or the current administration... Record Stock Market Record Real Estate Market Record Oil Prices Record Low Unemployment Record Commodity Markets What's amazing is how high oil prices are not inflationary, but falling oil prices are disinflationary...look at the CPI ex Food and Energy when oil prices are going up - then look at the CPI with Food and Energy when oil prices are going down. Who the hell believes these numbers anyways...everything is much more expensive now than 2 years ago. Wait until this ethanol experiment blows up in our face and we see monstrous food-based inflation. And these IDIOTS who bet on rate hikes, and still are, must be smoking some really good shit and I want some...A slight downtick in one economic number and boom, everybody is talking rate cuts. I'm short Eurodollars, so i'm just talking up my position. The Fed needs to be choked and they need to hike rates, to encourage saving of capital, and reduce the excess flop sweat from the system. The day the Fed comes out and hikes rates will be the day that the stock market finally reverses, but not till then.