Friday, January 27, 2006

The stocks are doing good. On friday the dow rose more than 110 points. Investors did not factoring in the slow growing GDP into their stock play. One investor said that the companies around the world are growing, making all companies stronger.


"The Labor Department's report on GDP, which grew just 1.1 percent for the fourth quarter, was seen as good news for interest rates, as investors believe the Federal Reserve would be hard-pressed to continue raising rates with such slow growth.
And while a slower economy could hurt corporate earnings down the road, the positive reports this week have buoyed investor enthusiasm for stocks, with the idea that while the U.S. economy slows, other markets like Japan and Germany continue to grow."

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