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The Big Picture | Oil at $96, Gold at $800 (Fed belatedly worried about inflation)

By dctag 434 days ago from http://bigpicture.typepad.com

Barry Ritholtz over at thebigpicture.com is great. Here is a post from today explaining how even though rates were lowered yesterday the market is down today on inflation fears. In Barrys typical fashion he lays out several reasons and warning signs of the problems that understated inflation is causing on the economy. We are bailing out the homeowner at the expense of everything else.

Good post and good blog to read regularly.

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Tags: the big picture ritholtz macro economy inflation investing trading


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