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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: John Pitera who wrote (46424)6/11/1999 8:36:00 AM
From: Cynic 2005  Read Replies (2) of 86076
 
Creamer was on the tube this morning (see, I already had a bad start -g-) He said he has 100 mil cash and 25 mil in bonds. More than likely stocks will go up and bonds will tank from here.

There we go - a knee jerk reaction to the downside on bonds. I wonder what the PPI was cooked-up to be.
<Pre>
08:30 MARKET MUST WAIT FOR CPI NEXT WEEK TO KNOW FULL STORY ON INFLATION.
08:30 MAY PPI SHOWS INFLATION STILL UNDER CONTROL.
08:30 MAY INDUSTRIAL MATERIAL PRICES SHOW GAINS.
08:30 MAY CRUDE GOODS PRICES UP 5.5%, MOST IN 2 1/2 YEARS.
08:30 MAY CAPITAL GOODS PRICES UP 0.2%.
08:30 MAY CONSUMER GOODS PRICES UNCHANGED.
08:30 MAY PPI FOODS PRICES UP 0.5%.08:30 MAY PPI ENERGY PRICES FLAT.
08:30 PPI UP 1.4% YEAR-OVER-YEAR.08:29 MAY CORE PPI UP 0.1% AS EXPECTED.
08:29 MAY PPI UP 0.2% AS EXPECTED.
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