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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: NickSE who wrote (46751)	6/14/1999 8:18:00 AM
From: wlheatmoon	Read Replies (1) \| Respond to of 86076

nick, what do make of ahhaha's comments about options? seems rather naive thinking for someone of his caliber. either that or the rest of us are a bunch of maroons. mike

To: NickSE who wrote (46751)	6/14/1999 12:34:00 PM
From: NickSE	Read Replies (1) \| Respond to of 86076

Greenspan Cautious on Productivity biz.yahoo.com WASHINGTON (AP) -- Federal Reserve Chairman Alan Greenspan said today that recent increases in productivity have been a principal factor holding down inflation. But he cautioned that those increases cannot continue forever. Private economists viewed Greenspan's remarks as hinting at future Fed interest rate increases to slow an economy that is threatening to overheat. They said Greenspan was likely to make that warning more explicitly when he appears before Congress again on Thursday. ''The Fed chairman is telling us today that ... even with great productivity growth, if demand gets out of control, particularly with the world on the rebound, then inflation can get out of hand,'' said David Jones, chief economist at Aubrey G. Lanston & Co. in New York. [...]