Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lucretius who wrote (60962)	9/9/1999 11:59:00 AM
From: r.edwards	Read Replies (1) \| Respond to of 86076

LT what "poot"do you like right now...? need a new position <

To: Lucretius who wrote (60962)	9/9/1999 12:50:00 PM
From: John Pitera	Read Replies (2) \| Respond to of 86076

SOme Global inflation concerns heating up a bit. 30-year: -10/32...6.089%.....GNMAs: unch...92-05 Following up on our last comment, we would note that aside from stronger than expected Japanese GDP data (which we will get to shortly) fueling talk of a more pronounced recovery in the global economy, inflation expectations are also beginning to have a more noticeable impact on price action. Just last night, ECB member Guy Quaden told Belgian French-language magazine Tendences-Trends, that with increasing signs of recovery in the region, European central bankers need to keep a closer eye on inflationary trends, while noting that the next move in interest rates would be higher, despite providing any specific timetable. Aside from such comments, we would note the continued run-up in commodity prices, which are expected to further pressure the markets today, as October Brent has surged as high as $22.60 a barrel (+$0.33) in London, a fresh 31-month high, following the a report by the American Petroleum Institute which noted a crude stock drawdown of roughly 6 mln barrels for the week ended September 3. The market was expecting a decline of only 2.6 mln barrels. Oil also remains supported by recent assurances from OPEC that it will keep supply cuts intact until March, as well as from the possibility of a strike next Tuesday by Venezuela's largest oil union, Fedeptrol