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To: MrGreenJeans who wrote (14435)6/14/2000 12:14:00 PM
From: Kirk ©  Respond to of 15132
 
Keep in mind the economy is an incredibly complex model with thousands of variables all of which impact differently and some of which are not well understood.

Great comments in this discussion!

You might want to try to catch CNBC at 3:15 EST to see one of our regulars showing his organizations (ECRI) FIG chart and how it ties to inflation.
suite101.com
In one of his last few posts he wrote:
In sum, the interest rate sensitive sectors, manufacturing and construction, will slow in the months ahead in the wake of the higher interest rates. Nevertheless, without slower growth in the service sector, which accounts for some 80% of all jobs, overall economic growth will moderate, but remain healthy.
suite101.com

Pretty good stuff. I really like his chart showing FIG numbers and how they relate to the Fed Funds Rate.

Kirk