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


To: Justa Werkenstiff who wrote (327)7/18/2000 8:37:48 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 10065
 
CPI higher than expected, but core as expected - Headlines/Details:

08:35 JUNE CPI SHOWS ACCELERATING INFLATION
08:34 10-YEAR TREASURY DOWN 4/32 TO YIELD 6.16%
08:33 JUNE CPI ENERGY UP 5.6%
08:33 JUNE CPI HOUSING UP 0.5%, TRANSPORTATION UP 1.8%, MEDICAL CARE UP 0.4%
08:33 JUNE CPI GASOLINE UP 8.8%
08:33 [WP=U0] S&P FUTURES OFF 0.40; LITTLE REACTION TO CPI DATA
08:33 [AH=U0] NASDAQ FUTURES OFF 13.50
08:32 JUNE CPI 0.6 VS. 0.4% EXPECTED

-

Some Details:

bloomberg.com



To: Justa Werkenstiff who wrote (327)7/18/2000 10:02:05 AM
From: rsie  Read Replies (1) | Respond to of 10065
 
Justa,for us novice bond buyers....

I believe you suggested buying bonds "on inflation spikes"....

When is a good time to buy more bonds going forward....Rich