Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Wally Mastroly who wrote (14415)	6/13/2000 3:51:00 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

Wally: Re: "For the foreseeable future, then, expect the board of governors to publicly express concern while they quietly choose to ease off the monetary tiller. Remember, the Federal Reserve seldom waives a flag signaling the end of a period of credit tightening, they simply demonstrate this through the policy choices they make." He is right. There is a good chance of a do-nothing Fed. come the end of this month and this could give the markets a boost. Fed. is in a tough spot. Probably wants to lay off but, at the same time, does not want to get a facial from rallying equity markets. Oil and gasoline are the wild card. Higher oil and gasoline prices seem like a recipe for stagflation if they stick.

To: Wally Mastroly who wrote (14415)	6/14/2000 8:33:00 AM
From: Wally Mastroly	Read Replies (2) \| Respond to of 15132

1st headline(s) -MAY CPI UP 0.1% VS. 0.2% EXPECTED -detail link at bottom: 08:33 CPI UP 3.1% IN PAST 12 MONTHS; CORE CPI UP 2.4% IN PAST YEAR 08:33 MAY ENERGY PRICES FALL 1.9% 08:33 MAY FOOD PRICES RISE 0.5%, MOST IN 19 MONTHS 08:33 CPI SHOWS MODERATE INFLATION, GIVING FED CHANCE TO WAIT AND SEE (...latest FED futures indicating about a two thirds probability of no rate hike on 6/28..) Also - 08:41 APRIL BUSINESS INVENTORIES RISE 0.4% SALES FALL 0.6% www2.marketwatch.com - An observation from cnn.fn: ...But the consumer price index, the government's main inflation gauge, is up 3.6 percent so far this year, well above the 2.7 percent increase for all of 1999.... - A link to some details: bloomberg.com