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Re: FinancialAdvisor post# 12414

Tuesday, 10/18/2005 9:27:09 AM

Tuesday, October 18, 2005 9:27:09 AM

Post# of 25966
Hi FA and all, I'm working a contract job now and haven't had time to read or post as much as before.

"Many analysts believe the Fed, which raised a key interest rate for an 11th time in September, will keep raising rates at its last two meetings of this year in November and December in an effort to keep the jump in energy prices from pushing overall inflation higher."

Well by the looks of today's PPI data 'the jump in energy prices' is already pushing inflation higher. So we may be in line for stagflation next year. Ok got to go, it's raining hard here in LA.

http://www.briefing.com/Silver/Calendars/EconomicCalendar.htm


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