Excerpt from: Spread Betting North American Financial Markets
|
 |
| March 21, 2007 | | The U.S. economy is in an interesting place | Spread bets and CFDs on American financial markets could get interesting in the coming days and weeks after we see what the U.S. Federal Reserve does about its current quandary. MarketWatch's Irwin Kellner comments:
The softening of the housing market combined with the wobbly stock
market is slowing economic growth. On the other hand, inflation is
being pushed higher by energy, as well as by foods, health care and
rents.
The big question confronting the Fed as the central bank meets to scope
out the economy is which is the lesser of two evils, slower growth or
rising inflation? | | |
|
|
