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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST
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To: pater tenebrarum who wrote (37299)1/12/2000 2:02:00 PM
From: Cynic 2005  Read Replies (1) of 99985
 
Parry says no need for aggressive fed....
Posted By: The Bond Man
Date: Tuesday, 1/11/0, at 8:48 a.m.

Parry sees economy growing faster w/o inflation. Growth speed limit now as high as 3.75%. Productivity makes low inflation easier to acheive. Greenspan was right to go slow in raising rates. US to expand 3.5-4%. Faster growth doesn't necessarily mean higher prices. Sees few signs of US inflation. Recent productivity gains pretty extraordinary.

Bloomberg interview.

prudentbear.com
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