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Retail Still Going Strong

The U.S. economy is still showing strong growth without much sign of inflation, according to this article from CNNfn.com. Bonds declined recently after the release of the latest Consumer Price Index. Some investors, focused on strong 0.9 percent gain in retail sales figures, are expressing concern that the demand will lead to higher prices in the stores. Retail demand is impacting the bond pricing, since it is especially sensitive to ecomonic inflation and growth. All signs point to a robust holiday shopping season and more economic growth with little inflation. I love reading good news!

Tue, 14 Dec 1999 03:56:38 -0800