Why the worst may be over
Wednesday, April 30th, 2008 | Money, Real Estate, The Economy
The credit crunch may be behind us and earnings have been better than expected. That could lead to happier times if the Fed starts focusing on inflation.
Oil hit another record high but has since pulled back. The dollar has finally started to show some signs of life. And for the most part, corporate earnings were – as Larry David would say – pretty pretty good.
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