Asia Session: The Silence Of The Turkeys – Investing.com
- Date: 25-Nov-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Asia Session: The Silence Of The Turkeys – Investing.com
Even Hannibal Lecter would be “cutting back” at Thanksgiving this year, with the American Farm Bureau Federation calculating that the average components of Thanksgiving dinner are 15% higher this year than 2020. As Americans head off to a price inflated helping of turkey, cranberry sauce and something called a green bean casserole, inflation was very much in the minds of markets from last nights pre-holiday US data dump.
Although disappointed, when automobiles and Boeing (NYSE:) airplanes are stripped out, the number looked pretty good.
Elsewhere, the inflationary signals were more Hannibal, and less Clarice.
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