Tuesday, September 20, 2005

Economic News Today

Looks like the Fed will raise rates again, that's actually good news!

Housing starts were down a bit, of course, we've raised rates six times and talked about the end of the housing bubble for a year. By the way, there is no housing bubble in middle American.

Oil is down marginally awaiting the results of this next hurricane. Remember my prediction a couple weeks ago, we will see $40 oil again and soon.

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