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

To: Wally Mastroly who wrote (9308)	10/15/1999 8:33:00 AM
From: Wally Mastroly	Read Replies (2) \| Respond to of 15132

PPI soars + edits:.. CORE PPI UP 0.8%; BIGGEST HIKE IN A YEAR... 8:31 a ET Wholesale prices jumped 1.1 percent in September, the government said Friday, which was much stronger than the 0.5 percent increase forecast by economists and August's 0.5 percent rise. - Anyone for a 'buying' opportunity. If not a gift horse, perhaps a pony? cbs.marketwatch.com Analysts were expecting both the PPI and the core to rise because oil and tobacco prices jumped, but no one expected the extent of inflation at the producer level. The core rate excluding tobacco climbed 0.3 percent. The Federal Reserve is certain to discount the one-time jump in tobacco prices and, to a lesser extent, the rise in oil prices. But even excluding those special items, inflation appears to be picking up...........