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Politics : Stockman Scott's Political Debate Porch
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To: lurqer who wrote (8095)10/14/2002 12:03:30 PM
From: stockman_scott  Read Replies (1) of 89467
 
...FIGURE THIS ONE OUT...

In the biggest deflationary debacle since the 1930's, Wall Street has wiped out 50% of its $14.7 trillion value that existed in March, 2000. So why is ECRI's Future Inflation Gauge [graphic] soaring to levels not seen in almost twenty years? That would suggest inflation pressures and interest rates might have some upward surprises in the first half of 2003.

investech.com
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