ajtj99's Market Pulse

[Randy1960]

Lone Ranger/Chainik - Brinker seems to have attempted to define his concept by adding the word "Aggregate", A caller brought this up in I believe the second hour of the Sunday show, but I did not understand Brinkers answer.


This was written about Sat. show:

http://investment.suite101.com/discussion.cfm/8

>>Brinker is “disappointed at lack of understanding on the part of the members of the FOMC” over something that he says he has talked about on the “Moneytalk” many times. That is: (he claims) Rising oil and gas prices are not inflationary in the AGGREGATE—only inflationary in the energy complex and the transit complex.

Bob Brinker quote: “Yet we continue to see these LAME-BRAIN COMMENTS coming from members of Federal Open Market Committee about oil prices and inflation. Some of them JUST DON’T GET IT. That’s a shame, but there is nothing you can do about it, there’s nothing I can do about it until they finally see the light—that what we’ve talked about on this program for a long time is in fact the way it is. That is, rising oil prices do not AGGREGATE inflation."