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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (11644)	2/23/2001 4:04:41 PM
From: Jdaasoc	Read Replies (1) of 30051

Zeev: it will have no "ammunition" left later in April when the gory results of this quarter come to the fore Manufacturing has been the dumps for a good 6 months now. If AG doesn't act forcefully, the consumer will shut down the manufactruring sector for at least another 6 months. If there really is some hedge fund damage to fear, increased liquidity is part of the answer. I just think the effect of increasing energy prices, which has definitely peaked, has just about worked it's way into CPI/PPI and if we are really in recession with energy prices stable or falling will just take a few months to reflect a more tame CPI/PPI sinking the stagflation fear. john

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