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To: NickSE who wrote (58436)8/24/1999 7:59:00 PM
From: pater tenebrarum  Respond to of 86076
 
they can hope as much as they like...the inertia of economic trends is underestimated by WS firms and now by the Fed. the forward-looking inflation indicators will continue to point to developing price pressures. they will raise rates again...and again...and again.
only if and when the stock market suffers a sharp correction will the pressures in the economy abate.