The Rising Influence of Rising Affluence

[santafe2]

This is an interesting bet by the union workers. While inflation is so far holding steady at ~4%, there should be disinflationary forces at work once logistics and shortages are worked through. Not the least of our problems is high energy prices, especially oil.

If the economic landscape changes while the workers are out on strike, or company fortunes fall because the workers are on strike, DE may lower their offer. DE in the mid 200s would be an excellent long term buy.