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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (10367)5/9/2001 12:02:59 AM
From: John Pitera  Read Replies (1) | Respond to of 15481
 
there's a bit more at work than the energy monster...it's the Capex spending monster.... I wish you had seen
Susan Byrne's charts this morning on Squawk Box, she showed how far out of the normal range tech
Capital spending still is , and also how low Energy Capex spending still is.

the long end of the bond market is already starting to wonder about inflation coming back on both a
domestic and global basis.