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Politics : Idea Of The Day

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To: J.T. who wrote (26713)6/1/1999 1:15:00 PM
From: Jerry Olson  Read Replies (1) of 50167
 
JT

i think they will at least wait till then...they have to verify, it wasn't an aboration....look at crude today...lower and lower..commodities at all time lows...gold..zipski...

i dunno JT...i still feel this is a bit overblown...i sure don't see runaway inflation...where??? based on what??? 1 CPI???? this NAPM..was certainly a negative for bonds...but not for our economy...

the economy is robust, but i don't see much inflationary problems yet....very good for corp. profits going forward...

as far as FED credibilty..hey AG has certainly proved he's the best...

so i don't think they're in any rush to thwart this expansion just yet...
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