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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3944)5/30/2001 4:44:17 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 33421
 
John,

That snippet on Moskow seems contradictory to me. On the one hand he's worried about inflation, on the other, he doesn't think the Fed has eased too much.

Additionaly, his point about inventory seems to undercut his notion of "productivity" and optimism.

What am I missing?



To: John Pitera who wrote (3944)5/31/2001 2:11:10 PM
From: OX  Read Replies (1) | Respond to of 33421
 
from briefing (my bolding)...

The Conference Board's Help-Wanted Ad index fell to 65 in April from an upwardly revised
67 in March. The level compares to an 89 level a year ago and 76 in January. The recent
plunge is reminiscent of the recession plunge of a decade ago as the index stood at 85 at the start
of the recession in July 1990 and dropped to 63 just 9 months later at the end of the recession.


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