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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Math Junkie who wrote (7573)8/7/1999 9:19:00 PM
From: marc ultra  Read Replies (1) of 15132
 
Richard, yes and along with these concerns he said his monetary and economic indicators are what's been keeping him in the market at the present time. So if the economy keeps going strong with signs of future inflation bubbling up the Fed will continue tightening and the monetary indicator should go negative and unless they get a soft landing the economic indicator may eventually drop out. Under the current circumstances I would think the Fed will at least take back the 75 basis point cut from last year which they think is now responsible for driving us into this precarious situation where they feel the hard achieved goal of price stability is now threatened.

Marc
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