SI
SI
discoversearch

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.
Pastimes : Swine
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: accountclosed who wrote (213)9/15/1999 11:17:00 AM
From: bill meehan  Read Replies (2) of 1401
 
AM, I thought we'd get a pop on an in-line or positive number and perhaps soften after the initial rally. However, I was surprised that the bonds broke as easily as they did and that the techs would roll over so readily. The following was sent to clients in Europe overnight and to US clients early this morning:

After last week's PPI there's a lot of optimism that this morning's inflation reading will again allay fears about the Fed... In any case, the broad market and bonds still look very sick from a technical perspective, and unless Mr. G was only joking when he gave his H-H testimony, the economy is running much too hot to expect the Fed to remain idle until next year. Let's see how the BLS brews up the numbers; either way it should be an exciting day on the Street of Dreams. My final thought for the day: If the NYSE decides to get into the media business, will the cost of the real-time ticker on soon-to-be rival CNBC get a lot more expensive? Nah, there is no inflation in the “new economy”.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News