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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2398659, member: 71510&quot;]I&#039;m expecting a year long slow growth trend to the upside with lots of volatility.&nbsp; The trend has legs to put us between 17 and 18 by this time next year.</p><p><br /></p><p>Yes, I&#039;m speculating, but I&#039;m making an educated guess based on trends and current economic situation - and the fact that we have seen high inflation that people just don&#039;t realize yet.</p><p><br /></p><p>I said it last summer, just because oil is cheap doesn&#039;t mean we aren&#039;t seeing inflation.&nbsp; The cost of goods and services has risen dramatically in the last 3 years due to labor and tax increases.&nbsp; Economists will look at traditional bellwethers and say it ain&#039;t so.</p><p><br /></p><p>I know at restaurants and stores, I&#039;ve seen a price increase in everything - along with extra taxes and fees.&nbsp; Gas is cheap, and that&#039;s offsetting the cost - but it&#039;s only temporary.</p><p><br /></p><p>I&#039;m quite sure after the elections, someone will start reporting it on the news and correlate price increases across the board with inflation.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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