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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: re3 who wrote (38678)5/5/1999 4:51:00 PM
From: yard_man  Read Replies (1) of 86076
 
Bonds didn't continue to get hammered like a lot of folks thought they were -- but this is interesting, gold shares are still rising.

Getting close to some kind of decision point for the markets?

Was wanting to check oil prices. Everybody who bought the OSX is probably feeling pretty good, but a sustained rise in oil prices knocks at least one leg out from under the goldilocks scenario -- this actually goes into the calculation of inflation. I guess they can simply quote the CPI w/o energy and go merrily on their way, but how many things are we already excepting to say that there is no inflation? Every time I go to the grocery, it seems like there a lot of items that are higher. I guess the price of items I don't consume are going down to offset, huh?
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