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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (89780)	2/22/2001 12:52:36 PM
From: TRINDY	Read Replies (1) of 132070

Mike, It is, indeed, interesting to see much higher inflation numbers come out of the BLS. Makes me concerned that there truly is manipulation of the inflation numbers. I sure hope not, but these recent high PPI and CPI numbers conform with my suspicions that Bush wants his recession over early. Didn't think I would ever see a pres flirting with self-fulfilling prophecy. Well, I have now. My main reason for writing relates to Fleck. I'm considering subscribing to his service once he leaves SI. He is making extremely bearish "ain't seen nothing yet" statements. I have been reading him for over two years now. All the while he has been bearish and he tends to offer extremely bearish links, as well. What probability do you place on Fleck's viewpoint materializing? This would be a time like the '73-'75 recessionary period when no one wanted stocks or wanted even to talk about stocks and PE's were in the low teens. TIA

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