A lot of companies reported stronger-than-expected results, and we are not talking here just about tech companies. |
Over the past six months, the core PPI is up at about a 0.5 per cent annual rate. There is no indication that higher energy prices have led to broad inflationary pressures. |
Somebody left their dog prior to the storm tied to a boat. It's just unbelievable. Here's a dog, abandoned for a week with no food, no water and tied to boat. |
The market may hold up well during the April earnings season. The reports will be solid. |
There is no bounce even though the market has been down four straight days. Buying on the dip has fallen from fashion. |
There is so much momentum in consumer spending and business investment that economic growth in the third and fourth quarters will exceed 3 1/2%. Inflation may pick up a bit, but core inflation rates start at such low rates that the overall impact won't be nearly as bad as feared. |
This news should be taken as a sign that growth will slow in 2006, but it should not be taken as a sign of a drastic change in economic trends. |