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Strategies & Market Trends : Strictly: Drilling II

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To: c.hinton who wrote (10718)4/15/2002 1:32:57 PM
From: t4texas  Read Replies (1) of 36161
 
until the dollar really breaks its uptrend i don't the fed will be too concerned about inflation. if the dollar breaks down, inflation has many ways to happen from energy to asian imports. one would also think if the dollar breaks down that other markets would be more attractive for investments. so the fed will concentrate on everything but inflation until the dollar breaks down. however 7 to 8% inflation for the usa is way too high. the fed would have to do something long before such numbers would happen.
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