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.
Politics : Idea Of The Day

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IQBAL LATIF who wrote (29789)11/22/1999 12:24:00 PM
From: IQBAL LATIF  Read Replies (1) of 50167
 
The oily word: not to worry.. the bond and oil connection, it needs to be readjusted,, is bond market over concerned a point of view..

NEW YORK (CBS.MW) -- The jump in crude oil prices to their highest levels since the Persian Gulf War may look ominous, but it won't impact the U.S. economy as much as the bond markets fear. Since the first run up in oil prices more than a quarter of a century ago, the U.S. has become a more efficient user of oil -- not to say energy in general. Now if we could get the Labor Department to recognize this as well, and reduce the weight that oil has in its price indexes, the higher price of crude oil wouldn't affect its measurement of producer and consumer prices as much as it now does.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext