Unfortunately, economic trends seem to be impacted by forces beyond our control. This is what frustrates so many people. We may lament our collective inability to create endless resources with alternative uses, but it’s a reality that things are changing to benefit some and harm others. Sometimes you need to stick your finger out to note these trends….

“Food and energy prices push OECD inflation to its highest rate since 2001: THE rise in inflation across the world is a big worry for central bankers and policymakers. This week the OECD announced that consumer prices for all items in its 30 member countries increased by 3.9% in May compared with a year earlier, the highest rate since 2001. Energy and food prices are the main contributors, rising by 14.6% and 6.1% respectively in May. If these are excluded, the rise in prices is a far more moderate 2.1%.” – The Economist

Government intervention – in terms of a break from high gas prices – this will actually exacerbate the situation. Although it is politically tempting to intervene, particularly from the left perspective. At the whim of market forces, major social changes in behaviour are going to become increasingly more apparent throughout this year. I look forward to the steep decline in SUV purchases versus hybrid investment….