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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (9913)	11/17/1999 9:04:00 AM
From: Wally Mastroly	Read Replies (1) of 15132

CPI - some details from Bloomberg/edits: bloomberg.com - ..but 2 potential inflation concerns: "..Still, in their announcement following yesterday's decision, policy-makers repeated a warning by Chairman Alan Greenspan that a shrinking pool of available workers could cause inflation to bubble up if companies are forced to pay higher wages to attract or keep workers... "..Energy still remains an inflation wild card, as output cuts and declining U.S. inventories have caused petroleum prices to double this year. Prices have marched higher since the end of October, after falling about $2 a barrel last month. Since the beginning of November, crude oil futures traded in New York have risen almost $4, reaching a three-year high of $26.10 yesterday..." - EDIT: Bonds seem to be continuing yesterday afternoon's knee-jerk reaction this morning (after the CPI): quote.yahoo.com^TYX&d=5d 30-year rate jumped up to 6.12%... - Bloomberg on bonds: quote.bloomberg.com

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