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

To: Hank Stamper who wrote (13876)	5/22/2000 11:00:00 PM
From: MrGreenJeans	Respond to of 15132

Dave Rate hikes have begun to show some effects. Wage pressure, however, has not begun to moderate yet. Wage pressure and a rising unemployment rate will follow at some point. The recent 1/2 point increase will have no effect until next year which is a bit concerning because if the economy is starting to slow there is no telling whether or not these current and / or future increases will do some real damage in 2001. Remember the art of rising rates is just that an art not a science.