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"Inflation Skyrockets As Jobs Fall" -- latest economic release [View All]

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Mon Feb-02-04 11:11 PM
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"Inflation Skyrockets As Jobs Fall" -- latest economic release

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Edited on Mon Feb-02-04 11:12 PM by DanSpillane

I'm not making this up. The following is an analysis from business news today...

***

"What stands out is the leap in prices paid. Not very good news for the (Federal Reserve) as it shows an uptick in inflation. And you're not following through on growth and not following through on employment. It's not good news for bonds, not good news for equities," said David Durrant Bank Julius Baer chief currency strategist.

***

Also see my website for my correct prediction of this horrible situation.

http://www.reuters.com/newsArticle.jhtml?type=businessNews&storyID=4263700

Add to my Journal

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