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Strategies & Market Trends : Waiting for the big Kahuna
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To: Haim R. Branisteanu who wrote (9491)11/11/1997 1:17:00 AM
From: Mark Nelson   of 94695
 
<Betwen domestic inflation of services, real estate and financial
assets and general deflation presures in finished goods and
overseas the Fed is in a very difficult situation. The issue of
raising rates by 0.25 basis points starts to more and more
compeling.>

You cast the difficult position of the Fed in a clear light. Though inflation is reduced to a single number, when it is an amalgamation of widely disparate values, it can hardly be as useful a guide in making their decision.

Thanks for the news, too.

Mark
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