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To: pater tenebrarum who wrote (128530)	10/10/2001 4:03:01 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 436258

Hainz, the market seems to disagree with you, even with substantial fundamental damage on Sept. 11 the market indicates that the deflation period is over and corporate America just found it's new pricing power.

To: pater tenebrarum who wrote (128530)	10/10/2001 5:09:03 PM
From: Mike M2	Read Replies (1) \| Respond to of 436258

Heinz, the monetarists overlook the fact that the banks can control the supply of credit but not the demand. Mike

To: pater tenebrarum who wrote (128530)	10/10/2001 11:55:16 PM
From: John Pitera	Respond to of 436258

PPI annual growth rate projected to be down to 1.4% from the highest level of the decade (4.8%) back in Jan. as an aside, Cotton has been in one of the most magnificent downtrends I've ever seen. ------------------------ 14:02 ET 30-year: +6/32..5.361%....GNMAs: -5/32....$-¥: 120.38 Gold prices have fallen sharply today with cash down $1.05 and the December contract down $3 to $286.70 -- the lowest price since Sep 11 surge. A stronger drop in silver prices is offset by gains in crude oil ($0.27), wheat and sugar prices to leave the CRB down a slight 0.47 to 186.25 on the day but a very strong 20% since October. The recent price contraction is consistent with the weak economy and deflation (annual declines) in the pipeline measures of PPI. Friday's release of Sep PPI is expected to show a 1.4% annual growth rate from a decade high of 4.8% in January as lower oil prices add to the downtrend in other commodity prices.