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To: Sam Citron who wrote (3366)12/21/2002 2:15:04 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 13403
 
re "Rising commodity prices are often a leading indicator of inflation"

True, that is a robust historical pattern. This time, though, I think the increase in commodity prices (like the rebound in semiequip bookings in 2002), is just a massive headfake, and will all be given back, in 2003 or 2004.