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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: OWN STOCK who wrote (69303)2/16/2001 11:01:23 AM
From: Crimson Ghost  Respond to of 99985
 
The 10-year bond rallied strongly this morning despite those inflation numbers. Plunging NAZ more than offsetting bad PPI numbers.



To: OWN STOCK who wrote (69303)2/16/2001 3:23:07 PM
From: KevinMark  Read Replies (1) | Respond to of 99985
 
>>>My domestic economic indicator (wife) says food prices going up 0.10 to 0.20 per item at the supermarket here (CA)... <<<

When I see the price of McDonald's value meals go higher, or their 2 bigmacs/quarter pounders for 2 bucks promotion stop running, then we may have inflation. Until then, I don't see it. Oil inventories are rising faster than predicted. Soon that money will rotate out of those issues.

KM


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