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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (13776)5/16/2000 7:56:00 AM
From: MrGreenJeans  Read Replies (1) of 15132
 
Crap Index

One more thought regarding a consumer slowdown. I wonder how much can be attributed to Fed. action and how much can be contributed to consumer exhaustion? How much crap can one buy?

I am a simple guy I have never needed or desired much crap. However, my neighbors based on my observations never seem to have enough crap and buy more and more crap on a weekly basis. It is my opinion that if a slowdown is taking place, we actually won't know if this was or was not the beginning of a slowdown until months from now, we can attribute it to the federal reserve raising rates and a slowdown in the money supply. At some point these rising rates have to bite and now may be that time.

One more point, I hear many analysts talking about the runaway economy without addressing the slowdown in the retail sales figures or the decrease in the most recent ppi. I assume it does not fit their paradigm of inflationary expectations and I assume they will be quickly talking about a recession if a slowdown is happening.
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