Economic indicators
Navigating the economic roller coaster: The consumer and personal income numbers are out on Friday. We’ll look at them in the context of all the other economic headlines, which seem to be all over the map this week. Investors
are increasing their bets that rising oil prices would force the Fed to raise interest rates; the dollar is gaining strength, cost of oil keeps rising, Bear Stearns has dissolved, but the job market is faring better than expected. We’ll make sense of this front page cognitive dissonance with Financial Times Managing
Editor Chrystia Freeland.
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