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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Boca_PETE who wrote (5610)6/24/1998 12:41:00 AM
From: Hank Stamper  Read Replies (1) of 42834
 
Pete from Stamford wrote: "To ALL: NY FED's McDonough describes New Paradigm"

My comment: It seems that recently the Fed and others have been saying 'inflation is dead.' For several years, the market has been (to use a phrase I learned from the Brink)'climbing a wall of worry' about the return of inflation. Now, it seems, that worry is waining. Mr. Market is losing his (her?) fear of inflation. If my impression is valid, then this is more reason for increased caution.

David Todtman
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