Barker on the Market
March 24, 2005—Mike Barker, Investment and Retirement Management looks back at this week’s meeting of Federal Open Market Committee and the accompanying rate hike centering on the meaning of the Fed’s message and the use of the word “measured”. Barker talks about the market’s reaction to the Fed’s message, why the event seems so upsetting to the market and the threat of inflation. Also discussed, Legg Mason’s cut of Mohawk’s rating, Investors Business Daily’s article on the Dixie Group and an historical look at the market in April.
Related Topics:The Dixie Group, Mohawk Industries