The Justa & Lars Honors Bob Brinker Investment Club Message Board

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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (5420)	5/27/1999 8:40:00 AM
From: Wally Mastroly	Read Replies (1) of 15132

More numbers for the Fed to ponder - GDP & price deflator: GDP growth was slower (from CNNFN - first report) The economy grew at a 4.1 percent rate in the first quarter, the Commerce Department said Thursday, which was weaker than economists' forecasts and below the department's initial estimate of a 4.5 percent rate of growth for gross domestic product. The price deflator, a key measure of inflation, was unrevised at 1.4 percent, which was in line with forecasts. - Markets should like those type of "slower growth/low inflation" numbers. - Some details: cbs.marketwatch.com - Some editorial comments on inflation: cbs.marketwatch.com

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