An analysis
of the most recent USDA Census
of Agriculture determined that direct
market farm sales grew three times as
fast in Appalachia as compared to the
rest of the country and that Appalachian consumers spend more per capita on direct farms sales
than the
rest of the country.
Emerging economies are expanding at a
faster rate
than the
rest of the world combined, increasing their
market share
of food and beverage distribution services, said the
market research.
Ryan discusses the death
of Osama Bin Laden; Ryan reviews the economic news
of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing
market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance
of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot
faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact
of higher oil prices on the
rest of the economy; Louis also remarks on Bernanke's view
of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony
of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices
of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because
of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.