Blecch: Spam Prices Rising

1_spam

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So its come to this:

"Sales of Spam — that much maligned meat — are rising as consumers are turning more to lunch meats and other lower-cost foods to extend their already stretched food budgets.

What was once cheeky, silly and the subject of a musical (as Monty Python mocked the meat in a can), is now back on the table as people turn to the once-snubbed meat as costs rise, analysts say."

Source:
Spam spam spam: Sales of Spam rise as consumers look to trim food costs 
EMILY FREDRIX
Associated Press, May 28, 2008 – 3:12 PM
http://www.startribune.com/local/19325459.html

Category: Inflation

Merrill’s David Rosenberg on Economy, Housing, Employment

Category: Credit, Economy, Real Estate, Wages & Income

Kudlow & Company Video

As per the prior post, here is the video feed, parts I & II:

I still don’t understand why being Bullish on Energy, Agriculture and select Tech is so hard to get — I ran out of time, otherwise, I would have mentioned we were short AIG and Monster.com (MNST)

Happy viewing:

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click for video (16 mins)
Kudlow_part_1_may_28

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click for video (8 mins)
Kudlow_may_28_part_ii

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Part I

embedded video

Airtime: Wed. May 28 2008 | :07:0 08 ET

An outlook on the markets, with Ken Heebner, CGM Focus Fund; Jim Lacamp, RBC Dain Rauscher; Barry Ritholtz, Fusion IQ; and CNBC’s Larry Kudlow.

Part II

Airtime: Wed. May 28 2008 | :21:0 08 ET

An outlook on the economy, with Joe LaVorgna, Deutsche Bank; Peter Morici, UC Maryland business professor; Jim Lacamp, RBC Dain Rauscher; Barry Ritholtz, Fusion IQ; and CNBC’s Larry Kudlow.

Category: Media, Video

Kudlow & Co. Appearance (5/28/08)

Another appearance on Kudlow & Co. tonite, from 7:00 to 7:30pm (ish). Also on tonite: Ken Heebner, co-founder of Capital Growth Management Jim Lacamp, portfolio manager at RBC Dain Rauscher Joe LaVorgna, chief U.S. economist, Deutsche Bank Peter Morici, University of Maryland business professor and former chief economist of the U.S. International Trade Commission Should…Read More

Category: Media

Interactive Home Price Graphic

Category: Markets, Psychology, Real Estate

Durable Goods April 2008

Category: Data Analysis, Economy

States and Cities Impact On GDP

Category: Data Analysis, Economy, Taxes and Policy, Wages & Income

Buy vs. Rent Redux

Category: Economy, Markets, Real Estate

Roubini Still Pessimistic On Economy

The Financial Times had a three part (15 minutes) video interview with NYU Professor Nouriel Roubini last week. You can find this interview on the FT Video site or via YouTube below.

Roubini discusses his outlook for the US economy, housing and mortgages; the prospects for policy action.

Nouriel is a cheerful as ever. But before you dismiss him, note that he has been very right on Housing, Credit and the Economy:
 

Part 1

Part 2

Part 3

Category: Economy, Video

Maybe the CD Is Not Dead Yet

Category: Consumer Spending, Digital Media, Music