Interest Rates Still Climbing

The market was up today, but then fell before close as investors grew wary of yet another rates increase. The good news is, high interest rates are a sign of inflation, which is brought on by strong growth - and growth is always good. Experts are watching the effects of the increase closely - higher rates may mean more debt. And speaking of watching closely, soon we will be able to examine the differences and similarities of Greenspan and Bernanke ourselves. Greenspan has just sold his memoirs to Penguin Press to be published. The selling price? Over $8 MILLION! The book won't be out until 2007, but you can be sure I'll be on the waiting list for that one! DJIA: 22.10 Nasdaq: -17.65 S&P 500: -2.38