MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 676.47

+0.8%

Dec 18 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dennis michael patterson who wrote (23048)	8/14/1999 2:19:00 PM
From: Challo Jeregy	Read Replies (1) of 99985

From IBD - June PPI Notched Just 0.2% Gain; But Report Hints Trouble Brewing Some inflation seen in the pipeline. But report changes nothing for the Fed's policy-makers Date: 8/16/99 Author: Claire Mencke investors.com . . . Some analysts are more alarmed at a shorter-term trend they see in producer prices. ''Core prices at the intermediate level have risen at a 4% annual rate over the past three months,'' said Vitner. ''That's the highest since June 1995.'' That current three-month average now is higher than it was when the Fed began its round of rate hikes in 1994 and 1995, he says. ''Inflation didn't take hold then because the Fed was doing its job,'' Vitner said. ''Now, too, they want to keep inflation in the pipeline, like they did then.'' It's not clear these price increases will ever show up at the finished goods level, Sheldon says. ''There's a lot of excess capacity, both globally and in the U.S.,'' he said. ''We're unlikely to see that much price pressure from manufacturing. It's more likely to come from consumer demand.'' Cheney agreed. ''In this world, goods inflation is not the problem,'' he said. ''Services and labor are.''

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next