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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Second_Titan who wrote (79292)11/17/2000 9:44:45 AM
From: isopatch  Read Replies (1) of 95453
 
007. That's an interesting inflation comment cross town @ OSU:

"People seem to believe that the slowing economy will take care of everything for us, and that's probably not the case," said Stephen G. Cecchetti, an Ohio State University economics professor and former research director for the Federal Reserve Bank of New York. "When prices accelerate like this, you have to be concerned about when they'll stop."

Sounds like support for an emerging "stagflation" scenario.

Iso
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