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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (335282)	5/15/2007 2:14:17 PM
From: Secret_Agent_Man	Read Replies (2) of 436258

Stocks Surge on Tame Inflation Figures Tuesday May 15, 11:58 am ET By Joe Bel Bruno, AP Business Writer Stocks Surge on Tame Inflation Data, Dow Crosses 13,400 NEW YORK (AP) --Less the volatile inflation component of the CPI, there is little or no inflation in the just released official government Consumer Price Index. Investors cheered and bought stocks as the prospect for lower interest rates and Fed rate cuts in the future widens the spread between the real world and real inflation and the Orwellian mind-meld of government lies and propaganda. With real world inflation around 11% and US long term interest rates at 4.75%, money is essentially free to play with at the casino said market analyst Joe Battapaglia. He said investors should consider the possibility that a "new paradigm" is upon us with unlimited potential for P/E expansion in our new "free and easy money" US economy. "Until the bears realize this and join the party the insanity in financial markets will continue unabated" Joe said. "I expect Dow 21,000 by this fall as more and more free and easy money to wall street insiders leads to a buying and feeding frenzy and record LBO's in the market leading to a real world hyper-inflationary collapse that gets completely unnoticed by the official government inflation numbers." perfect

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