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


To: Justa Werkenstiff who wrote (10222)12/3/1999 10:15:00 AM
From: Wally Mastroly  Respond to of 15132
 
Justa, While waiting for the CIBCR, this 1 says trouble-city:

Underlying inflation pressures hit 4-yr high-ECRI....

NEW YORK, Dec 3 (Reuters) - The Economic Cycle Research Institute's (ECRI) monthly U.S. future inflation gauge (FIG) posted a new four-year high, the Institute said on Friday.

The November FIG rose to a record reading of 116.4 from 115.5 in October.

The annualized growth rate also shot upward to 8.9 percent in November from a downwardly revised 8.5 percent the previous month.

''With strong domestic growth accompanying a global economic downturn, the FIG is now at a new four-year high, indicating that underlying inflationary pressures are in a clear cyclical uptrend,'' the report said.

The overall rise was driven by faster growth in industrial materials prices, real estate loans and employment. A narrower yield spread, partly offset by a modest drop in the number of purchasing managers reporting slower delivery speeds, also contributed to the rise, the report said.

The future inflation gauge is designed to anticipate cyclical turning points in the rate of inflation.

biz.yahoo.com



To: Justa Werkenstiff who wrote (10222)12/3/1999 10:30:00 AM
From: Wally Mastroly  Respond to of 15132
 
CIBCR Leading Inflation Index (LII) + edit (Yahoo reported a summary):

dismal.com

An excerpt:

"..After rising by 1.2% in September and 0.4% in October, the November CIBCR Leading Inflation Index report rose just 0.1%. Although growth in the index is moderating, it still indicates building inflationary pressures over the next several months. Nevertheless, the LII is up 4.9% on a year-over-year basis.

..The building inflationary pressures indicated by the LII are in agreement with other data..."

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Printer friendly copy:

dismal.com

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YAHOO summary:

biz.yahoo.com



To: Justa Werkenstiff who wrote (10222)12/3/1999 11:13:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Justa, Besides a new NASA probe, Markets may also reach Mars today (forget about the moon!):

Exubarence- as of about 11 AM EST. No CIBCR/inflation affect - at least not yet.

Perhaps no one is watching it except you, I, Her Ladyship, DaBrink & perhaps the Green Doctor? <BG>:

Dow
11339.70
+300.64 (+2.72%)

Nasdaq
3552.89
+100.11 (+2.90%)

S&P 500
1447.13
+38.09 (+2.70%

quote.yahoo.com

* Approaching a new high on the DOW...

* NAZ blasts thru 3500 !!!



To: Justa Werkenstiff who wrote (10222)12/3/1999 11:40:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
A Merrill guy - out from under a bearish rug:

biz.yahoo.com



To: Justa Werkenstiff who wrote (10222)12/17/1999 1:37:00 PM
From: Wally Mastroly  Respond to of 15132
 
Hmmm? SPY up against the '143 ceiling' (again) - or S&P 500 at 1430...

Can we breakout ? Or maybe the opposite?

SPY:

quote.yahoo.com

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...or if you like, the S&P 500 chart:

quote.yahoo.com^SPC&d=3m