Wednesday, May 17, 2006

Stock sell-off ringing alarm bells

As your blogtress writes this, the New York Stock Exchange composite (click on the "Indexes" tab in the box on the right) is down by 193 points and dropping. The sell-off is attributed to scary inflation numbers released earlier today, which show an increase of 0.6 percent, and an unexpected 0.3 percent for the ridiculous core inflation rate which, as explained by Glenn Kellis of Ob:Blog, excludes energy and food from its calculation.

Your cybertrix prays that her readers have stashed something useful under the mattress.

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