Not sure if Joe is serious or trolling, but this is likely going to be the 1st cycle in 80 years that the Fed responds to rising inflation with…more liquidity. pic.twitter.com/HylbgdIVAN
— Luke Gromen (@LukeGromen) April 29, 2021
Commodities currently on track for the best month in ten years. pic.twitter.com/sNoNB0Bo53
— David Ingles (@DavidInglesTV) April 29, 2021
“The Fed should be more worried about inflation than it is, as commodity prices, including oil, copper and lumber, keep rising… Investors are increasingly trying to figure out when the Fed may start to pare back its COVID-19-related stimulus…”t.co/ANIeivngNx
— Danielle DiMartino Booth (@DiMartinoBooth) April 29, 2021
US 🇺🇸 DOLLAR 💵
COLLAPSES AGAIN pic.twitter.com/4C3TBf30PE
— Win Smart, CFA (@WinfieldSmart) April 29, 2021
1/ give more stimmy
2/ watch people buying doge.coin
3/ $500 is like a toilet paper value after 1/ and 2/
4/ Close the business take unemployment and have fun without working at all… t.co/8fC8SCFMAV
— GregTheAnalyst (@Analyst_G) April 29, 2021
- Coca-Cola will raise prices to offset higher commodity costs, following in the footsteps of Kimberly-Clark and J.M. Smucker.
- CEO James Quincey said Monday the company is hedged against any major impact in 2021 but he expects to see higher commodity costs next year.
- The company last announced a price increase in 2018, citing the impact of aluminum tariffs under the Trump administration.