The problem with taxes is that corporations simply pass them on. This is especially true when all corporations are hit with the same thing. It makes it easy to do it across the board by all corporations.
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Yes but I think the PMI and ISM has shown that the producers hasn't been able to fully pass the cost over to the consumer yet.
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No this is happening in both the US and Europe both.
The PPI is going up more than the CPI. The inbound to factories is increasing more than the outbound. It is going to be reflected in earnings at some point. Cant cut margins without it not doing that.
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