Wednesday, April 25, 2007

Economy: Is Bad Good?

SEARCH BLOG: ECONOMY

The DOW passed 13,000 today for the first time
.

Given the extremely soft housing market and the cost of oil/gasoline going up [hint: inflation... Federal Reserve... interest rates], it seems that this may be another bubble getting primed to burst.

Then again, the stock market has not always followed the consumer market.

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