Posted on 12/15/2006 12:29:52 PM PST by NormsRevenge
Consumer inflation flat in November
http://news.yahoo.com/s/ap/20061215/ap_on_bi_go_ec_fi/economy
AP
WASHINGTON - Inflation stayed docile for a third straight month in November, helped by falling energy prices and lower costs for everything from new cars and airline tickets to food and clothing.
Dollar gains as US economic indicators show strength
AFP - Thu Dec 14, 5:14 PM ET
http://news.yahoo.com/s/afp/20061214/bs_afp/forexus
NEW YORK (AFP) - The dollar extended its rebound as market concerns about a faltering US economy appeared to ease in the wake of the latest data.
Big business sees steady growth
Reuters - Thu Dec 14, 3:23 PM ET
http://news.yahoo.com/s/nm/20061214/bs_nm/usa_economy_chamber_dc
WASHINGTON (Reuters) - U.S. economic growth will remain steady in the next year as inflation moderates, the U.S. Chamber of Commerce forecast on Thursday, brushing aside concerns that the downturn in housing could spark a full-blown recession.
I'm not too sure about OECD economist. They are Keynesians and borderline Maltusians.
They using the same economists that screwed up every monthly and quarterly prediction for the entire Bush presidency? If I hear "Higher than economists expected" one more time.....
the above are a few links to stories that also ran the last 24 hours on the wires.
Economists predict monkeys will fly out of my butt.
Good luck on that front.
I got a spam email this morning about that stock!
seems like only yesterday the experts were saying Japan was overtaking us and provided the model for economic growth.
Hey we've been carrying the water for everyone else in the world for the last four years, let them do it for a while.
Ahh, the 1980's. Good times.
Yawn. The leftists have been predicting that the US economy will crater -- and in fact in the 2006 election managed to convince many voters that it had, despite clear factual evidence to the contrary -- since GW was elected...
"Economists predict monkeys will fly out of my butt."
Ever considered going to the proctologist?
I've been invested 30% international equities for a while now, and will continue to do so for the foreseeable future.
For those with bonds in their portfolio, you may want to allocate a little to a foreign bond fund, what with the weakness of the dollar lately.
For good diversification, you've just gotta have some international exposure.
You've noticed that too. Also the "surprising growth" meme is enough to make me want to throw a brick through my tv. Why are they always surprised at growth? Why aren't they ever surprised when jobs do not grow as much as predicted? Do they think we're living Mali or some other economic pest hole?
I had some of mine in a European stock fund (VEURX) and it has made about 32% YTD. Outstanding, but I worry that won't last.
11,000 was a huge mark.....but 12,000 is nothing to talk about? 12416.76 and just a blurb...that's it?
Their agenda can't be any more transparent.
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