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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Archie Meeties who wrote (39397)6/14/2000 8:57:00 AM
From: Jorj X Mckie  Respond to of 63513
 
BTW, the FED has said over and over that they don't give a rats *ss about the ppi, cpi. There are far better inflation gauges, and all of them are UP.

Like what?



To: Archie Meeties who wrote (39397)6/14/2000 9:02:00 AM
From: Augustus Gloop  Respond to of 63513
 
So I pose the question again...does the market start to crash from here. That would seem to be a yes or no question. Just looking for your expertise.



To: Archie Meeties who wrote (39397)6/14/2000 9:23:00 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 63513
 
The Consumer Price Index, the nation's broadest gauge of inflation, rose a slim 0.1 percent in May after being flat in April. Excluding volatile food and energy components, prices rose 0.2 percent, matching April's advance and economists' expectations.

The data will likely add to the sentiment that the Federal Reserve could opt to leave interest rates unchanged at its policy-setting meeting later this month after hiking rates six times in the past year to cool the economy and head off inflationary pressures.


I'm really new to investing and very nervous. Are these numbers bad? Should I be buying gold or silver because of this report? It looks like prices could rise over 2.4% over the next 12 months based on these numbers. Thanks for your help and advice...I need it in this crazy market.