new worry a hard soft landing, page-2

  1. 1,745 Posts.
    The "engineering" that is going on behind the scenes and through the media is a real worry. Every piece of bad news that comes out we get some spin. Today was the best to date - the Bank of England made an error in the inflation rate through their modelling - the revised figure is now 2.2% instead of the previous 3.4%.

    Tonight we should get the Chicago PMI figures. It ranks in importance with the Philly figure, the Durable Goods figure and the GDP. The market seemed to ignore those so they will probably ignore this one too.

    I don't believe the hype and am very warry about the current move. The evidence does not support the rhetoric.
 
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Last
$6.04
Change
-0.020(0.33%)
Mkt cap ! $4.056B
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