My prediction
 

We are going to see some shockingly bad economic indicators coming out in the near future, specifically related to inflation.

Stagflation, here we come. And no, it's not just in our minds, Dr. Gramm.

http://biz.yahoo.com/ap/080716/economy.html?.v=6

Yes, I was right. And will be right.

Define stagflation for me Mike. Define the shockingly bad economic indicators that are coming. Based on what is going on my 6 year old granddaughter could make your prediction.

Let's see how good you really are. If you buy the S&P right now, will you have made over 10% on your money a year from now or not.

my prediction is no, you won't.

I hope I am wrong.

Your hope will come true. :)