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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: Haim R. Branisteanu who wrote (55972)7/3/2000 7:59:30 PM
From: Jacob Snyder  Read Replies (1) of 99985
 
re: CPI and PPI will be benign with the exception of healthcare and energy

These two sectors are not core (this month, anyway), because consumers can easily switch to lower-cost alternatives as prices go higher (snake oil and cold fusion). Therefore, the FCCPI (Fully Cored Consumer Price Index) shows no uptick in inflation can occur until after the Second Coming, at the earliest.
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