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To: MrGreenJeans who wrote (13515)4/27/2000 2:10:00 PM
From: Wally Mastroly  Respond to of 15132
 
Mr GJ, Re: "..Good analysis from where I sit.." Agree, however, assuming productivity remains strong.

Differing opinions on the ECI & the Fed hikes:

biz.yahoo.com



To: MrGreenJeans who wrote (13515)4/27/2000 4:36:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
MGJ: Thanks for the post. Berry is good but he has been wrong in the past. I have no opinion at this time on whether to expect a 25 basis point or 50 basis point move in May. Clearly, the Fed. seems to want the economic cycle to run its course with marginal hikes to get a slowing. The trouble is that everyone believes this take which, in turn, makes it less likely that we will get a sufficient slowing because everyone is going about their economic business (buying stuff) without a Fed. worry in the world.

Look at Elian's shopping habits. Did you see the closet of clothes that kid had in that picture? Why there were so many clothes packed in there that there was no place to hide. No wonder the economy is booming,



To: MrGreenJeans who wrote (13515)4/27/2000 7:51:00 PM
From: Hank Stamper  Respond to of 15132
 
MrGreenJeans,
"Washington Post ....By John M. Berry....Booming U.S. economic growth..."

Thank you for the post and the contextual comment about Berry's "good sources."

What this tells us is productivity and the Fed's preemptive action has been able to keep the brakes on inflation.

Since these forces are likely to continue, we have the makings of a soft landing at this juncture. The picture could change but it augurs well.

Ciao,
David Todtman