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To: RocketMan who wrote (31415)5/5/2000 11:06:00 AM
From: pater tenebrarum  Respond to of 42523
 
yes, that's the situation. aside from being desensitized as you say, there is still the deeply ingrained disinflation mindset. nobody believes as of yet that inflation might come back. however, the ECRI future inflation gauge hit a fresh 11 year high today. market participants ignoring this warning remind me very much of ostriches.