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A Rally Fueled by an Illusion
By Howard Simons
09/13/05 - 10:30 AM EDT
With inflation fears, shouldn't stocks fall? They may not be because of the phenomenon of monetary illusion.
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Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.58 1,108.86 2,175.81 32.75
Oil *
79.69
UP
126.74
UP
13.23
UP
31.21
UP
0.74
10 Yr
3.28%
SPDR Gold
117.38
+1.23%
+1.21%
+1.46%
+2.31%
Data delayed 20 minutes

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