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To: D.J.Smyth who wrote (144700)10/15/1999 9:25:00 PM
From: Ed Forrest  Read Replies (1) | Respond to of 176387
 
As always the market is the final judge as how to interpret the numbers and has the final say.They said the number was too high and Alan Greenspan scares us.Case closed.



To: D.J.Smyth who wrote (144700)10/18/1999 8:01:00 AM
From: GVTucker  Read Replies (1) | Respond to of 176387
 
Darrell, RE: It is extremely difficult to justify an inflationary picture based on changes in prices from 1995 to 1999.

I don't think that is difficult, I think that is impossible.

The market knows this. It is discounting this fact. The more important question is, did the curve change inflection during the summer?


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