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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (215)	6/13/2001 12:39:15 PM
From: craig crawford	Read Replies (1) \| Respond to of 1643

06/12/2001 - Updated 07:59 AM ET Inflation could outpace savings rates By John Waggoner and Dina Temple-Raston, USA TODAY navigation.helper.realnames.com. If you own bank CDs or money market mutual funds, you could be losing money, after inflation, for the first time in 7 years. The bellwether 3-month Treasury bill yield fell to 3.50% at the Treasury's weekly auction Monday — its lowest level since March 1994. Think of it this way: Suppose a money fund earns 3.7%, or $370 on a $10,000 investment. If inflation rises to 3.8%, your savings has lost $380 in buying power, a net loss of $10. That's not far-fetched. The Conference Board, a business group based in New York, estimates that inflation will run at 3.7% in 2001 and 3.8% in 2002. If the Board's estimate proves correct, many savings accounts could lose money after inflation. Potential losers include