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

To: MrGreenJeans who wrote (330)	7/18/2000 9:48:27 AM
From: Wally Mastroly	Read Replies (3) \| Respond to of 10065

Mr GJ Agree - the Dismal summary/analysis is more "straightforward /unbiased": However, when push comes to shove, their last line tells the story to me: If the annualized rate remains above the 3.5% range, it is likely only a matter of time before the Fed moves again. P.S.- IMHO, so far, the 'mixed' economic data will probably cause the FOMC to increase rates again on 22 Aug., & then wait till after the election (at the earliest), to reassess whether their actions are indeed slowing the economy. Granted the 'core' rate is still under control. However, who "pays" the core rate? <g>. If energy & health care costs don't reverse, their growth will continue to creep in to other sectors of the economy. The tight labor situation has already caused labors costs to creep up over the last 6 months.