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

To: Lost1 who wrote (39504)	6/14/2000 1:11:00 PM
From: Augustus Gloop	Read Replies (1) \| Respond to of 63513

I just really don't understand....he talks way above my head so I really want his expertise as far as the direction of this market. He really knows his stuff it would seem.

To: Lost1 who wrote (39504)	6/14/2000 1:20:00 PM
From: Doppler	Read Replies (2) \| Respond to of 63513

I agree. Gloopie and I had a very similar "discussion" by PM about a week ago. We finally agreed to disagree as the saying goes. Most economists I have read, or heard, have said that CPI and PPI are weighted improperly, and skewed, to show figures that are favorable to the government. I know Tom Dorsey and John Murphy for example have both said in their columns that inflation is higher than is being reported. Food and energy should also stop being discounted, and instead given more weight, since they are the two biggest expenses in most budgets. Many economists also agree that gauges like aggregate commodity prices are a better indicator of inflation. Those btw are WAY up. Even the productivity number is skewed. We have had rising productivity numbers over the last year or two, but it is because of an increase in the number of work hours as much as anything. PS- I need to start bookmarking some of this stuff when I come across it, to bolster my positions. So fire away. I'm with Arch on this one.