We're going to have high energy prices, a little bit more inflation. Underlying inflation is going to be a little bit higher, but not seriously higher and I still feel good about the overall economy.

The trucking companies are going to demand higher contract prices. They had a bump in October, clearly not enough. They're coming back for more. That head of lettuce is going to be up another five cents, clothing on the clothing racks will be up another couple of dollars. And you'll just see these prices cascading.

It will eventually affect nearly everyone, not just the people shipping packages.