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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jerry Olson who wrote (79014)1/14/2000 9:01:00 AM
From: Internet Jones   of 120523
 
Tax revenue will be better than expected. The federal government won't need to borrow as much, and will buy back some bonds. No significant inflation. Bond yields could decline. The CPI number was good.

Five years of good numbers. How long can this last?

From wsj.com:

The Labor Department said Friday its Consumer Price Index increased 0.2% in December, following a more muted 0.1% gain in November. When the usually volatile energy and food components are removed, core prices again were subdued, increasing 0.1% in December, following a 0.2% rise the previous month.

The monthly figures fell short of Wall Street expectations, which called for a 0.3% rise in the CPI and a 0.2% increase in the core index. That should damp speculation that the Fed may be inclined to boost interest rates by an unusual half-percentage point next month.

On-line brokers could go higher here with the increased trading volumes.
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