This news should be taken as a sign that growth will slow in 2006, but it should not be taken as a sign of a drastic change in economic trends.

There is so much momentum in consumer spending and business investment that economic growth in the third and fourth quarters will exceed 3 1/2%. Inflation may pick up a bit, but core inflation rates start at such low rates that the overall impact won't be nearly as bad as feared.

The market may hold up well during the April earnings season. The reports will be solid.

[It's] good news because liquidation of inventories sets the stage for stronger orders, stronger production and stronger employment growth down the road.

We are obviously pleased with our continued traffic growth as it shows the importance of local news to the millions of upscale consumers that visit our sites. Our consumers who typically visit during the day, while at work, show us they trust local news brands to keep them connected to their world during the day.

You know to me, no news is good news. I'm glad he's feeling (confident). When he came back from training camp, where this fall I'd never seen him ski any better.