Calm Before The Storm?
In the past few weeks there’s been some pretty spectacular economic news. Oil and Gas prices have sunk to 2 years lows. Gold prices are down. The Dollar has seen recent strength. It seems interest rates might start to drop next year. CPI is projected to drop. The stock market is up. And now the Jobs report came in ok.
Everything is just peachy!!!!
Seems a little too perfect! I’ve heard rumors that our government is manipulating everything and shortly things will return to the way they really are. I have no clue whether this is true or not but if anyone else has a better explanation, I’d love to hear.
Even a wacky conspiracy theory would do too!
If you found this post helpful, consider donating to my coffee fund!- Book Review - Undercover Economist I just read The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor--and Why You Can Never Buy a Decent Used Car! by Tim Harford.Its an incredibly good book that explains every economics [like whether coffee shops make a profit and how grocery stores gouge you]. However......
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- Deals On Electronics? Circuit City, the No. 2 electronics retailer behind Best Buy, is closing 69 stores in the U.S. and Canada. The company quoted gross margin pressure from lower prices on flat-panel TVs as a large reason for its troubles. The closings represent nearly 5% of Circuit City's stores. The company will......
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October 6th, 2006 at 11:51 am
and all of this “good” news comes in right before the election right?
what a coincidence….
October 6th, 2006 at 11:55 am
exactly!