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To: pater tenebrarum who wrote (77363)11/30/1999 2:22:00 PM
From: Tim McCormick  Read Replies (1) | Respond to of 86076
 
Inflationary sentiment test-Go to Walmart tonight and see if they have any large cans of Sam's 100% Arabica coffee on the shelves.



To: pater tenebrarum who wrote (77363)11/30/1999 2:52:00 PM
From: flatsville  Read Replies (2) | Respond to of 86076
 
heinz--Check Yardeni's latest at

yardeni.com

(click the Nov. 30 article)

>>>well, the stock market certainly is full of faith....<<<

I don't think anyone is more amazed and confused by this than Yardeni per some comments he made recently.

re: your earlier comments on liquidity--

>>>if they continue with this, all of the treasury's debt will soon be monetized...you'd think we are in the middle of an economic crisis the way the Fed acts.

i wonder what they'll do for an encore once we ARE in an economic crisis.<<<


heinz I'm convinced the Fed thinks we are ALREADY in a crisis hence the behavior. Any serious assessment of global remediation efforts to date, including consideration the "unknowns," could say nothing else.