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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (101632)	5/11/2001 8:20:04 PM
From: At_The_Ask	Read Replies (1) \| Respond to of 436258

Gloom and doom. siliconinvestor.com "PPI was worse than expected, which suggests stagflation -- higher inflation with slower economic growth," said Gemma Wright, director of market strategy at investment bank Barclays Capital. "This underscores that there's increasing inflation on all fronts." While that may not affect the Fed's thinking on cutting rates now, "down the road it's likely to make the Fed tighten more quickly, and shorten the neutrality cycle," Wright said. I think the FED is between a rock and a hard place now. Get your parkas the K winter is coming.