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 *