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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (32366)	11/5/1999 10:22:00 AM
From: Les H	Read Replies (2) \| Respond to of 99985

Conveniently at 10:01... Friday November 5, 10:01 am Eastern Time Underlying inflationary pressures in uptrend--ECRI NEW YORK, Nov 5 (Reuters) - The Economic Cycle Research Institute's (ECRI) monthly U.S. future inflation gauge (FIG) posted its largest two-month advance in 16 years, the Institute said on Friday. The October FIG rose to a four-year high of 115.5 from an upwardly revised reading of 113.3 for September. The annualized growth rate also shot upward to 8.6 percent from 5.5 percent, the report said. ``After the biggest two-month advance in the FIG in 16 years, underlying inflationary pressures clearly remain in a cyclical uptrend,' the report said. The overall rise was driven by faster growth in real estate loans and employment, a rise in the percentage of purchasing managers reporting slower deliveries, and a drop in the insured unemployment rate to 1.7 percent, a record low. The report added, however, that there should be ``some moderation in U.S. growth by early next year.' The future inflation gauge is designed to anticipate cyclical turning points in the rate of inflation.