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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: diana g who wrote (46271)6/11/1999 9:25:00 AM
From: John Doyle  Read Replies (2) of 95453
 
Thanks- Both the CPI and the PPI numbers are being influenced by oil/energy prices which have been all over the board recently. The Fed's have to see this. I think it is a 50/50 chance that they will raise rates in two weeks. I guess they will REALLY look at the CPI data next week. That should be OK too, like the PPI. Everyone keeps talking about a Y2K economic shock. I am personally more worried about an oil shock. Now that would mean something to the markets, both stock and bond. When will that occur, who really knows, but I believe it will.

Good luck to all in OSX land.
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