To access the newsletter, simply click on the "Subscribe Now" tab, establish a username and password, and you'll have full access to the Dynamic Growth newsletter and portfolio. This free trial is scheduled to end on June 1, 2007, but may be extended until July or August. Stay tuned.

Despite the massive inflation we are experiencing, we have a Fed that can't do anything about it. It kind of reminds me the the commercial showing an elderly person crying for help by saying, "Help, I've fallen and can't get up".

Today, the Fed ending its meeting by saying, "The committee's predominant policy concern remains the risk that inflation will fail to moderate as expected, and future policy adjustments will depend on the evolution of the outlook for both inflation and economic growth.''

Now for the real story;

Here is a truthful article about the economy, the stock market, and previews of events to come by Henry C K Liu from the Asia Times.

Liu does a great job of explaining everything from a slowing economy, a looming debt-driven financial crisis, all the way to a stock market financed by a liquidity boom that allows "certain investors" to leveraged short-term borrowing of low-interest currencies to buy US stocks.

In addition, a falling dollar has artificially inflated offshore earnings of multinational corporations which has allowed many companies to match or exceed analyst expectations for the quarter