Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: kris b who wrote (76599)	12/26/2006 12:24:26 AM
From: CalculatedRisk	Respond to of 110194

An Economy of Extremes: The Anti-Goldilocks Economy nytimes.com Economists have long waxed lyrical about a “Goldilocks economy”— one that is not too hot, not too cold. In this ideal world, the economy is running so smoothly that there is little risk of it overheating and pushing inflation higher — forcing the Federal Reserve to raise interest rates. Nor is the job market weakening, threatening to plunge the economy into the icy bath of a recession. The “just right” economy is not often achieved, of course, but lately this bedtime story has taken a particularly tricky turn: it is both too hot and too cold. The housing market has fallen into a deep freeze; so has the auto industry. Yet on several other fronts, including commercial construction and high-end consumer spending, economic activity appears to be sizzling. Lombard Street Research, a British economic forecasting firm, recently dubbed the American economy the “anti-Goldilocks economy.” <MUCH MORE - GOOD ARTICLE>