Reading entrails

John Kay”:http://www.johnkay.com has a very good “short essay(link to sub­scrip­tion page on the FT site)”:http://www.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1083180430082&p=1012571727102 in the Finan­cial Times [sub] on the (usu­al­ly minor) impact of inter­est rate changes on out­put, con­sump­tion and invest­ment and on the mis­lead­ing fash­ion for antic­i­pat­ing and record­ing each lit­tle move­ment. The essay is also “available(link to John Kay’s site)”:http://www.johnkay.com/trends/334 on Kay’s own site.

No Comments

Leave a Reply

Your email is never shared.Required fields are marked *