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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 (11697)2/4/2000 10:32:00 AM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
We are testing the QQQ highs here.



To: Justa Werkenstiff who wrote (11697)2/4/2000 10:33:00 AM
From: Wally Mastroly  Respond to of 15132
 
Details/analysis on FIBER/CIBCR data [+ addition of ECRI's Future Inflation Gauge(FIG)]:

dismal.com

-

Their (not to surprising) conclusion:

"..The fact that the FIG and LII both point to continued inflationary pressures in the economy makes it very likely that the Fed will need to raise rates another 25 to 50 basis points this year to slow the economy. Expect the Fed to increase the federal funds rate 25 basis points at its next meeting in March...."


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