Irwin Kellner, PhD, chief economist for MarketWatch, a leading financial information Web site. Based in Port Washington, New York, he holds the Augustus B. Weller Distinguished Chair of Economics at Hofstra University. He has been a nationally prominent economist for more than 40 years, having previously served as chief economist for major banks, including Chase, Chemical and Manufacturers Hanover.
What Investors, Consumers and Retirees Need to Do Now The prices of cotton and corn have more than doubled in…