Sunday, May 06, 2007

Market watches for what comes next...

Overall, economic data has shown slow and steady growth, reducing investors' fears about recession. Thoughts are still being expressed about stagflation, which means slowing growth amid soaring prices and concerns about and what the Federal Reserve would do about it. So, eyes will be on this week's later meeting by the Federal Reserve Board to see if they keep things the same or not with the market responding accordingly...

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