With all the flashing lights, colorful charts, complicated lingo, computers, algorithms, and statistics associated with the stock and bond markets, it's pretty easy to think of them as logical, efficient, monolithic machines. But nothing could be further from the truth.

It's time for another edition of the Beacon Weekend Reader.  We hope you enjoy our latest installment of interesting articles and videos designed to keep you informed and engaged in the areas of economics, personal finance and life. Please send us your thoughts on this week's articles and suggestions for future posts.  Have a great weekend!

Welcome back. We've included a few of the articles we've come across this week we thought you might enjoy. Please let us know if there are areas you would like added to our mix.

The economy is neither too hot nor too cold, according to the government’s announced revision yesterday of the U.S. Gross Domestic Product.  Continued steady consumer spending and a narrowing trade deficit prompted the government to raise its estimate of the economy’s first quarter growth from 3.1% to 3.5%, which exceeds the ten-year average of 3.3%.  Many had feared that higher energy prices would dampen consumer spending more dramatically than it has so far.  Offsetting the higher costs have been wages and salaries.  They expanded considerably more in the final quarter of 2004 than the government first reported.