Thursday, March 6, 2008

Inflation for the latest month stood at 1.2%, and that was with price controls on food and energy in effect. With price controls on the food sector in effect and energy taxes set to increase on the oil and natural gas industry, what’s a savvy investor to do? One option is the national pharmacy chain 36.6, its most recent earnings were up nearly 70% and looks to be a hedge against rising inflation while targeting the changing buying patterns of the Russian consumer.

1 comment:

Anonymous said...

yea, riiiight, 1.2%
official stats are at least half