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To: Enigma who wrote (40227)9/13/1999 6:44:00 AM
From: long-gone  Read Replies (2) | Respond to of 116759
 
On to other things, We keep hearing the same quote in regards to the PPI & CPI "discounting the food & energy sectors".

In an economy so deeply service related, as the US is currently, how can we overlook cost increases in food and energy prices? How much of our overall economy is related to direct service? If MCD & every other the resturant sector had to pay more for "materials" beef, bread, pork... If people can't afford to take the plane or drive as often due to fuel costs what about the hotel stocks? The theme parks? The cruise lines? The gaming stocks? (the last two taking a double hit when food & fuel go up).

If all these industries earn far lesser profits from higher costs, should they be awarded high P/E's?

Can the investing public continue to ignore cost increases in CRB & non-CRB food & fuel items as profits are impacted?



To: Enigma who wrote (40227)9/13/1999 8:49:00 AM
From: Alan Whirlwind  Respond to of 116759
 
More odor than 27 a scandal Bill?



To: Enigma who wrote (40227)9/13/1999 10:02:00 AM
From: long-gone  Read Replies (2) | Respond to of 116759
 
<<Well the libel laws are very loose in the US as you know>>

btw, I don't consider these loose libel laws, rather strong freedom of speach laws, if she is not guilty, I would think whe would rush to the press to deny any manipulation or even failure to live with-in the blind trust laws.
I would also think any strong Republican or Libretarian or free market believer & any that oppose the Clintons will rush to buy all the gold they can afford just to break them....