I am waiting for food and airline prices to drop. They are so quick to raise prices on these two industries but very slow to lower prices when they should. CEOs continue to get millions in bonus’ of course.
They will be slow to drop because both trucking companies and airlines hedge their exposure to fuel prices. Oil/gas will need to remain low for 8-12 months for the lower price to be passed on to the consumer. And even then, retail price reductions will be gradual.