Word: indexable
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Ironically, the Fed's get-tough stance came just hours after a Commerce Department report showed that the "core" rate of inflation (the Consumer Price Index with volatile food and energy prices omitted) had fallen to an annual rate of 2.4% in April, down from 4.8% in March. That led Senator Tom Harkin, an Iowa Democrat, to denounce the FOMC increase as "clearly excessive" at a time when "accelerating inflation is not apparent." If this continues, says Harkin, "our economy is going to bleed to death." In other words, the Democrats need a slowing economy in an election year like...
...wind. Tuesday, week-old worries about another interest rate raise in the wake of last week's half-percent hike comments hit the Dow for 120 and the NASDAQ for 200 (to 3164, low for the year), a disproportion that is becoming old hat for index watchers...
SHILLER It is not reasonable that the risk premium should be zero. You can buy inflation indexed bonds at 4% [risk free]. That's why I am a big advocate of index bonds. It is one of my campaigns...
HASSETT I took a huge loss on my index bonds. I bought them like three or four years ago, and the rate was down like...
HASSETT But what you are saying is that those index bonds are not risky if you hold them for 30 years. Well, that's true for stocks...