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To: BGR who wrote (47112)6/15/1999 12:55:00 PM
From: Haim R. Branisteanu  Respond to of 86076
 
<<<How about the job loss from decreased consumer spending, Haim? >>>
I am trying to follow those statistics but the current administration is notorious to publish misleading information.

As I posted many times and most recently on my Chicken page the best secret of this stock market is full employment. As soon as this will top out or soften the market is "GONE" .

I do not see any major rate hike as interest rates spread to inflation are still above 3%, and we are not near 3% inflation.

If the market soften not tanks, inflation will go back to below 2% IMHO.

BWDIK
Haim