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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (10097)11/26/1999 7:40:00 PM
From: Ian@SI  Read Replies (1) of 15132
 
If the Y2K fearmongers have been more successful than I think, then there will be inventory building happening this quarter.

Working that inventory off may put a major drag on the economy during the ensuing months.

At the very least it will slow down the growth rate temporarily for a quarter or 2. And that may be enough to put the fed on hold for the first half of next year. Then we have to wonder whether the fed will do anything with rates in the heat of an election campaign.

FWIW,
Ian
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