Kraft says more price increases ahead
Ouch food is going to become more and more expensive. Food making companies are not going to let price increases hurt their bottom line. The consumer will end up picking up the tab. I guess this may be bad news for the stock market. Because more people will have to put their money into food instead of investing in the stock market...
I guess this will pan out over time. For the short term being, I think these price hikes may be good for agricultural related companies because more money will be pumped in.
Which companies stocks should I buy next?