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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (5955)6/16/1999 6:18:00 PM
From: mister topes  Read Replies (2) of 15132
 
I am not so sure we can say no inflation risk exists.

#1 the latest CIBCR study shows a very high 4.5% rate of
change and 3 straight increases which is not very pretty,
especially the 4.5% ROC, highest in years.

#2 the beige book today showed ugly wage pressures which
no doubt will ruin Dr. Greenspan's sleep again tonight.
In addition, workers are virtually impossible to find.
No inflation risk? Very bold observation to make based on
these facts of life.
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