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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (18350)5/12/1998 12:41:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
Dom B- I think you missed my 'Some loud thinking before the numbers post'this is what I wrote- it is roughly in line with Samira's post-
<<Considering Kelly endorsement of 'new
economy' paradigm last Friday in Chicago I would consider it difficult even in face of
higher PPI and CPI that Fed may raise rates the impact would be a disproportionate
response to the global markets. AG will not mix asset inflation with actual inflation. I
would think he is looking at banking sector liquidity and also at lack of possibilities of
credit by the banks, this market is not sustained by credit bubble. I will expect to write
on this issue. >>
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