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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (39427)	2/17/2001 12:05:36 PM
From: D. Newberry	Read Replies (2) \| Respond to of 54805

Hi Uncle, I don't believe this has been discussed on the thread, but the PPI announcement this Friday was a real shocker. I don't spend an overt amount of time on monthly statistics, but this could have long term implications if it becomes a trend. stats.bls.gov Looking at the chart, the 1.1 (.7 adjusted) PPI for January came out of nowhere. I tend to think it was a fluke. Time will tell, of course, but a resurgence of inflation would tie Greenspan's hands in a big way. That report aside, I agree that it is only a matter of time before the rate cuts take effect and the economy improves. With low inflation, of course <g>. DN