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To: Peace who wrote (27089)8/8/2000 12:06:29 PM
From: Les H  Respond to of 42787
 
It's the strong dollar keeping import prices low. Over the decade, it's been the several economic crises - LatAm crisis in 1991-1992, US S&L and real estate crisis in 1991-1993, Mexico in 1994-1995, Asia in 1998-1999.



To: Peace who wrote (27089)8/8/2000 12:09:16 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 42787
 
Peace, productivity in industry has a 4 to 5 times multiplier effect so earnings must grow around 25% based on today statistics, but they do not.

Inflation misreported ?? that is easy

Last year a ticked to certain destination in Europe cost me $600 today $850, 1/2 gallon of milk $1.80 now $2.15, Bread $1.80 now $1.95 in the same grocery.

Apartment prices are up over 15% Y over Y in New York City, so it easy.

Haim


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