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To: James Strauss who wrote (6145)5/21/2000 12:24:00 PM
From: Mao II  Read Replies (2) | Respond to of 13094
 
Jim: Im not sure I would go along with the "necessary" in your comments. Necessary for what? Fed impact on energy, for instance, is indirect and -- not to coin a phrase -- crude. Fed impact on healthcare, a potential serious inflation thread, is again, indirect and blunt. The same can be said for basic materials. Wage inflation is minimal virtually across the board. The one area where the fed can have a big impact is on the cost of US goods overseas.
It seems quite clear that we are seeing the set up for recession, which is the way it always ends, isnt it? M2



To: James Strauss who wrote (6145)5/21/2000 5:26:00 PM
From: Juli  Read Replies (1) | Respond to of 13094
 
I hope you are right that we really don't have any inflation in the economy, and I certainly hope that the FED is finished raising rates. I wasn't smart enough to cash out back in March after the huge run from January. I could use a good rally.

Thanks,
Jewel