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Pastimes : Alan Greenspan MUST GO:

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To: Master (Hijacked) who wrote (109)5/28/2000 4:16:00 PM
From: SJS  Read Replies (1) of 494
 
Vince,

First of all, homeowners that DON'T have fixed rate
mortgages will see increases, but these are NOT going
up catastrophically as you suggest because there are
yearly caps.

It sounds like you're in Canada (based on your use of
the term "province"). I will freely admit that I don't
know the credit laws or protocols there.......

However, in the States, there are rules for ARM mortgages.

As well, I mentioned that I wanted you to look at the CRB
indexes because they show such huge inflationary increases,
so I went and got them for you:

I've made some clarifying edits to the table (added the "+"
to show direction.....)to help you see what AG is dealing
with on the commodity front. See the link:

crbindex.com
_________

Today Previous Change Year Ago % Change
CRB Futures Index 225.00 224.53 0.47 187.05 +37.95
Industrials 212.01 211.55 0.46 179.00 +33.01
Grains 178.60 176.83 1.77 157.86 +20.74
Livestock & Meats 251.54 250.44 1.10 223.35 +28.19
Energy 300.75 304.48 -3.73 168.84 +131.91
Precious Metals 258.49 257.09 1.40 228.56 +29.93
Softs 275.57 274.67 0.90 269.51 +6.06

Bridge/CRB Total Return Index 1982=100 - May 26, 2000
CRB Total Return Index 197.24 196.85 0.39 165.65 31.59

Bridge/CRB Futures Price Indices 1977=100 - May 26, 2000
Currencies 119.70 118.38 1.32 123.90 -4.20
Energy 249.96 254.80 -4.84 149.93 100.03
Interest Rates 102.31 102.17 0.14 116.31 -14.00

Bridge/CRB Spot Indices 1967=100 - May 25, 2000
Metals 243.05 242.92 0.13 225.11 17.94
Textiles 251.45 250.81 0.64 230.64 20.81
Raw Industrials 270.02 268.91 1.11 248.27 21.75
Foodstuffs 193.90 195.07 -1.17 190.42 3.48
Fats & Oils 181.91 181.06 0.85 181.38 0.53
Livestock 271.65 269.33 2.32 235.81 35.84
CRB Spot Index 235.89 235.89 0.00 222.81 13.08

Stock Market Momentum Index - May 25, 2000
SMMI 10-day Avg. 57.31 58.56 -1.25 67.34 -10.03
SMMI 25-day Avg. 60.28 60.91 -0.63 70.53 -10.25
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