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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (9724)11/8/1999 9:32:00 AM
From: Wally Mastroly  Read Replies (2) of 15132
 
A prediction for this week's econ. data - "..to show low inflation, pause in spending.."

cbs.marketwatch.com

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P.S.- Despite any new data, I still think the Fed will 'take back' the third rate reduction with a one quarter point raise. (I agree with the Brinker odds of about 60/40 in favor of a hike).

Better on 16 Nov. than 21 Dec. (& waiting till 2 Feb. 2000 is waiting too long - for the pre-emptive Fed that is). Can't believe they would raise on the eve of Y2K (unless convincining/overwhelming data appeared by then!).
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