Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Junkyardawg who wrote (31614)	5/4/2000 10:51:00 AM
From: mph	Read Replies (1) of 63513

The 40% are right.<g> On the Dorsey Wright thread, they've been talking about the fact that there is real inflation. This is based on such things as wage pressures resulting from the settlement of a number of strikes, as one example. I don't understand the economic data well enough to discern whether this is true. Many believe there is insufficient evidence of inflation. I think the Fed will tread cautiously because this is an election year. I know I've said this before, but this Administration has two candidates to get elected come November and I have to believe that maintaining a strong appearing economy and a general sense of financial well-being among the populace are essesntial to that effort. They've gotta be sitting on the Fed boys......JMO M

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