Foundation for Economic Education
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Wall Street Wonders if Corner Has Been Turned
Posted By Sheldon Richman
“As one of the most dizzying bear market rallies in Wall Street history enters its second month, a nagging question faces investors: Is the stock market making real progress, or glossing over deeper problems in the economy that will start a new wave of losses?” (New York Times [1], Friday)
Let’s not forget the funny money the Fed is pumping into the economy.
FEE Timely Classic
“How Inflation Breeds Recession” [2] by Henry Hazlitt
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/wall-street-wonders-corner-turned/
URLs in this post:
[1] New York Times: http://www.nytimes.com/2009/04/10/business/10markets.html?ref=todayspaper
[2] “How Inflation Breeds Recession”: http://www.thefreemanonline.org/featured/how-inflation-breeds-recession/
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