In The Mixed

What this report really suggests is that the economic outlook is 'mixed' and noboby really knows what is going to happen next. Which is, for the most part, the worst kind of economy to be in... bears and bulls wandering around in a field unsure as to what to do next. The Fed will cut interest rates again by .5%, the market will clap heartily and ignore the 0.6% growth figure for Q4 2007 afterall, they've been heartily ignoring most bad economic indicators for a year now. What do they care about the economic well being of our nation as long as they can squeeze a buck or two out of the market!