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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: marc ultra who wrote (6505)7/2/1999 3:12:00 PM
From: MrGreenJeans  Read Replies (2) | Respond to of 15132
 
CIBCR-Part I

The number you gave me of 107.3 up from 106.3 from the previous month's number which had already disturbed Bob would suggest to me this CIBCR number will only further be a problem for Greenspan and also I assume would only be another negative in the inflation component of Bob's model.

I don't disagree with the above I assume the same.

I am doing the following calculations by hand my HP-19C is buried on my desk somewhere so please double check the following:

The move from 106.3 to 107.3 is a move of +.94% or 4.76% on an annualized basis. This is not a price level the federal reserve would be happy with if it came to realization. This is I believe the 5th monthly increase in a row (double check this I am going from memory). The CICBR is a used as a leading indicator meaning the numbers, the inflation, has shown up in the index first before showing up in the economic data historically.

The CIBCR is just another piece of the puzzle.