Beyond all the budget chatter today comes this gem from the Fed about the improving US economy.
Ah, so that explains the stock market being near bull market highs.
Also note that higher oil prices look a bit alarming going forward. Well, we don't really have an energy policy, so an improving economy that leads to more demand for energy also leads to higher energy prices.
See 2008 for an example.
Stocks a little jumpy today.
Wednesday, April 13, 2011
Economy Continues to Improve
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