New Photos:

  New Ramblings:

  New Links:

Counter

Last Updated

 


Previous Posts





About the Blog

The thoughts and theories of a guy who basically should have gone to bed hours ago.

I know, I know - what's the point? But look at it this way - I stayed up late writing it, but you're reading it...

Let's call ourselves even & move on, OK?


Powered by Blogger

Friday, July 28, 2006

Good News - Things are Getting Worse!


When Wall Street analysts start focusing on inflation, you wind up with headlines like this:


STOCK PRICES RALLY ON SLOWDOWN IN GDP

The article explains itself nicely: Basically, when the economy grows at a slower rate, there's less inflation, which means the Federal Reserve doesn't have to raise interest rates. This keeps corporations' costs for borrowing money from going up, which suggests higher profits in the future, so the stock market goes up.

Still reads funny, though...

posted by Brian at 1:46 PM


0 Comments:

Post a Comment

<< Home