The Black Box

[wahz]

I like this part:

"This report is extremely important for two reasons. First, it shows why the fears about strong job growth, rising inflation and rising interest rates that pushed bond yields up by 50 to 70 basis points last month are unwarranted. Demand is not growing quickly enough to offset the incredible growth of productivity that is driving the growth of the U.S. economy. Output will continue to rise, but job growth will remain subdued, labor costs will continue to fall, inflation will remain under control and profits will continue to grow.

Secondly, for Wahz stay solvent, he is going to need a miracle involving a turn around of historic, mind boggling proportions involving communication spending. This report says he is going to make it, despite his best efforts to screw up his portfolio."

yeah I like that Rutledge guy