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To: Jim Willie CB who wrote (14891)	4/18/2000 7:08:00 PM
From: Sully-	Read Replies (1) of 35685

......Housing starts: The market wasn't much troubled by another indication that higher interest rates are beginning to make themselves felt. An hour before the opening bell, the Department of Commerce said that there were 1.604 million housing units started in March, a drop of 11 percent from the year-earlier period, and the biggest decline in six years. Multi-unit buildings fell off more than 40 percent, but single-unit starts increased narrowly by 0.2 percent. The market had expected 1.780 million starts, a slight decrease from March 1999, when housing starts came in at 1.781 million....... upside.com Jim, If we have a mild CPI next month with one or more other indicators like housing slowing down, do you think we get a rate hike if the market has trended north from here? w2

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