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that s what the market responded to. finishing up 260 points or may be right around that area. you know, but the federal reserve peels back the onions on this. and a look at core inflation, that s without food and energy prices and what we are seeing is that it s basically moving sideways on this. you can see for the past two months core inflation at 4.7% and this month at 4.6% year-over-year shows experts as sticking inflation more sticky than first thought by the federal reserve. and this is what people feel every day at the store, the latest fox news polling shows 70% of people rate the economy as poor and only fair. only 21% see it as excellent and good. abysmal numbers. paul, christopher from wells fargo says we are looking at in economic rocky road ahead. you have inflation still sticky that is going to keep cost of production higher, we just hire and at the same time spending last. this is going to hit revenue squeezing profits from both sides in the market is ....
That s what the market responded to. finishing up 260 points or may be right around that area. you know, but the federal reserve peels back the onions on this. and a look at core inflation, that s without food and energy prices and what we are seeing is that it s basically moving sideways on this. you can see for the past two months core inflation at 4.7% and this month at 4.6% year-over-year shows experts as sticking inflation more sticky than first thought by the federal reserve. and this is what people feel every day at the store, the latest fox news polling shows 70% of people rate the economy as poor and only fair. only 21% see it as excellent and good. abysmal numbers. paul, christopher from wells fargo says we are looking at in economic rocky road ahead. you have inflation still sticky that is going to keep cost of production higher, we just hire and at the same time spending last. this is going to hit revenue squeezing profits from both ....