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We are seeing substantial inflation," Buffett said at the Berkshire Hathaway annual shareholder meeting broadcast exclusively by Yahoo Finance. "We are raising prices. People are raising prices to us, and it's being accepted." Buffett called out much higher steel costs impacting Berkshire's housing and furniture businesses. Subramanian thinks investors could see a "robust" rebound in inflation in coming months in the wake of the latest round of C-suite commentary. "Inflation is arguably the biggest topic during this earnings season, with a broad array of sectors (Consumer/Industrials/Materials, etc.) citing inflation pressures," Subramanian notes. Proctor & Gamble said recently it would begin...

VIDEO On Friday afternoon, I discussed Wal-Mart's support for ObamaCare and Cap and Trade with guest host Connell McShane on Your World With Neil Cavuto on Fox News Channel. That morning, I spoke in favor of our shareholder proposal asking for a report on Wal-Mart's lobbying priorities at the company's annual meeting in Fayetteville, Arkansas. Here's a transcript of the interview:Connell McShane (guest host): Wal-Mart today having its annual shareholders meeting, getting an earful from one group on the retail giant’s support of the new healthcare law also the cap and trade legislation. To the guy who is leading this...