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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.38+0.1%Nov 12 4:00 PM EST

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To: Jerry Olson who wrote (26427)9/20/1999 8:18:00 PM
From: HairBall  Read Replies (1) of 99985
 
OJ: companies can ill afford to raise prices on their products...way too much competition out there...customers will simply buy from someone else...

this is in fact the essence of our benign inflation..


OK, this is scary....I agree...<g> Way to much cheap labor in this "small" world. In the USA today, the suites are getting rich, while they squeeze the blue collars via the offshore option/threat. So increased wages of the blue collar kind is in doubt. But, more and more jobs today are of the white collar persuation....<g> Of that, we have a BIG shortage, so it seems.

Regards,
LG
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