Friday, December 15, 2006

Could The Experts Be Wrong?

Reports show that US stocks were set for a lower a lower open on Tuesday. This comes after a surge in production level inflation last month.

Markets in Thailand suffered sharp falls and tighter capital controls and many other markets around the world looked soft.

According to market reports the producer price inflation jumped 2 percent last month. This marks the highest rate since November 1974 after falling 1.6 percent in October.

Everything appears to be looking good despite so many predicting market failures and chaos.

Things are similar in the housing market where many experts have predicted that the housing market is in for its worst years and that there is a housing bubble ready to burst any day.

However numbers keep going up and markets keep producing money. Only time will tell where the numbers will take us.

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