Tuesday, May 03, 2005

Investing Money and Interest Rates Rollercoasters

FINANCIAL NEWS

cube
http://www.olympus.net/personal/prmhem/edge_piece_series.htm

As per usual, the NYT reporters and government officials they wine and dine with can't put things together, the Rubik's cube of Reality just causes them both to hit a brick wall.

Despite growing evidence of an economic slowdown, the Federal Reserve is not about to ride to the rescue by keeping rates steady.

A big reason is that in a trend that has confounded the Fed, cheap money is almost as plentiful now as when it started raising rates last June.


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