Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, May 26, 2006

Inflation Doesn't Scare Us!

A report came out today showing signs of inflation is nearing the edge of the Fed's comfort zone. The report said consumer spending was up in April, largely due to steady income growth. And yet, trading was up and treasury bonds were hardly affected. What inflation scare? On the lazier side of things, we're "busy" getting ready for Memorial Day at my house. I'm checking out the best recipes and keeping an eye on the weather. DJIA: +67.56 Nasdaq: +12.13 S&P 500: +7.28