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Wednesday, April 7, 2010 as of 11:14 AM ET

The Casone Exchange
  • January 24, 2011 05:13 PM UTC by Cheryl Casone

    Best Guess: Food Inflation

    Who would have thought that one of the more interesting market stories this month would be food inflation? How often do you wake up and ask yourself “I wonder how soybeans are trading today?”  I know you do not, and normally I don’t either, but Sandra Smith used to trade in Chicago and now we are lucky enough to have her on FBN.  When she does reports on how to play these investments, or better yet, stocks that are tied to food prices and food price inflation, I strongly recommend you pay attention.  In fact, today she highlighted cocoa and corn during the Noon show on Fox Business and stocks that could potentially benefit.

    I thought of her as I began to go through the Best Guess library, as I’m now going back to the first week of January.  The usually, but not always fun part of waiting a few days to post these…..we quickly know if we were wrong!

    CC

    1/3

    Sandra Smith:

    My best guess is we see $4 gasoline by June

    David Bach:

    My best guess is that “dividend stocks outperform small cap stocks” this year.

    Cheryl:

    Best Guess: commodity prices will continue to rise this year as investors look for any which way to NOT invest in bonds.

    1/4

    Jim Awad:

    best guess: fourth quarter earnings reports are coming up and they are going to be gangbuster, adding fuel to upward prices in stocks, commodities etc..while alot could go wrong later in the year, the shorterm momentum is up!

    Dennis Kneale:

    my best guess is, facebook ISN’T worth $50bil. It’s unclear it can sell stuff to all users; marketers are reluctant to advertise in a setting they can’t control for taste; it could ultimately lose out to the next cool watering hole; and apps are where it’s at.  At $50bil facebook is valued at 25 times sales; google is at maybe 5 or 6 times sales.

    Cheryl:

    The dollar and the Euro will be on par for the year, or by the end of 2011.

    1/5

    Kathy Boyle:

    Commodity prices will lead stocks lower.

    Gregg Jarrett: 

    With his Presidency in peril, President Obama will sell out his liberal base and become a deficit hawk by announcing budget cuts, spending freezes like 2006 and major tax reform!

    Cheryl:

    The lottery curse will continue with one of the two big winners from last night.  You/me all of us need sound financial advice, and sadly lottery winners never seem to be equipped to handle these mega jackpots.  One of the two winners will end up losing a huge portion of the money to a relative, or ponzi scheme type of person.  That’s why you need FBN.

    Bob O’Brien:

    ‘There’s going to be a 2 handle on the front of tomorrow’s jobs number. As in job gains of more than 200,000. But the surprising number will immediately be met with suspicion and uncertainty.

    Sandra Smith:

    Retailers will struggle in 2011 as consumers remain frugal

    Cheryl:

    Sean Penn is complaining about his divorce settlement with Robin Wright Penn to the tabloids today.  Divorce rates will fall in the next decade.

Carla, Ballwin,MO

I was just having a conversation with some co-workers on how grocery prices have gone through the roof. I don't see how a large family can afford it. I read a lot of folks are cooking at home instead of dining out. I made a great marinara sauce over the weekend - guess what I'm taking for lunch this week! I will save $30.00 and my Starbucks stop is down to once a week - you have to economize!

January 25, 2011 at 10:33 am

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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