Increasing interest rates from now all the way through 2006 and the prospct of more agressive increases at the June meeting you don't have to be a savy forecaster to work out that equity investment is over for the foreseable future.
They react very very quickly to a hint of inflation but when it comes to deflation they are as slow as they are quick for inflation.
This man wants to see some unemployment and quickly. Slowing the ecohomy is going to work wonders on the deficit<g>
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