Good job Fed!

Personal spending 0.6%
personal income 0.3%

People are confident Fed will bail out and continue to spend despite of all foreclosures!
0.6% up, expected 0.4% and it's even before rate cut

Oil 100 by the new year.
American dollar worth 0.995 canadian
Euro 1.42, by the year end 1.5 or higher

Market at all time high so another cut for
50 bp in the cards

And no_inflation!

Bernanke is a genius
 
Quote from empee:

if they would just cut to 0% we could enjoy unlimited prosperity!!


While that would be nice, why don't they just cut the rate to -5% If I could get paid for borrowing money i would borrow tons of it and just start spending to help keep the economy strong.

Its not real money anyway. Afterall if we run low they can just print more.
 
Quote from stock_trad3r:

Inflation is NOT excessive

When it is noticeable, it's to late. In order for companies to absorbed these rising costs, they sure better have a risk management dept in place to hedge against the rising prices.
 
I just don't see how the producer prices numbers can hide this any more. The number will become suspect if they come in soft again, my gosh it's not like we can't see these sky rocketing commodity prices.
 
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