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To: Venkie who wrote (2527)6/27/2001 3:21:28 PM
From: pbull  Read Replies (1) | Respond to of 13815
 
I think we're back to a philosophy of "full employment is inflationary" again.
Today's layoffs include JDSU, 5,000; Bridgestone, 1,500; Lucent, 10,000; and the Nasdaq, 140. All of those would be expected, under the circumstances.
In fact, it happens every day.
Which does, over time, ease inflationary pressures. Especially on wages, and, to an extent, demand for products and services.

PB



To: Venkie who wrote (2527)6/28/2001 11:35:02 AM
From: Venkie  Respond to of 13815
 
guess i wasn't alone in my thinking yesterday.

To:pbull who wrote (2526)
From: Venkie Wednesday, Jun 27, 2001 2:58 PM
View Replies (1) | Respond to of 2562

I say the feds see some recovery and now they want to chill and watch and not over heat...


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