Tuesday, June 06, 2006
Bonddad On Why The Stock Market Tanked Yesterday
The short version: Stagflation (or the fear of) is just around the corner.
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And Merc Rising readers learned about this what...six months ago?
There was a funny quote I saw on Smartmoney. Two traders are talking, and one says, So what are we supposed to cheer now? The rising rates or the slowing economy?
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There was a funny quote I saw on Smartmoney. Two traders are talking, and one says, So what are we supposed to cheer now? The rising rates or the slowing economy?
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More blogs about politics.
