To: Chas. who wrote (30350 ) 10/21/2003 11:15:46 AM From: Jim Willie CB Read Replies (1) | Respond to of 89467 so far, job growth is minimal and at low pay scales I hear of many stories where top jobs are shed, replaced by low jobs Asian outsourcing is accelerating, while our unemployed run out of benefits so our jobless rate seems stable, when it is worsening the service sector is now horribly vulnerable to high pay jobs, with high skilled required, all going to Asia expect more job losses inflation needs to remain neutral (AGAIN, NOT DEFINED OR REFERRED TO PROPERLY) it is not, and will not inflation is astonishingly high, i.e. Fed pumping the effect universally will be price inflation across the entire spectrum a weaker USDollar will continue almost forever (MAYBE TO ZERO) i.e. commodities, energy, Asian imports, and soon domestic internals (but without pricing power) oil cannot seem to stay under $30 ever ever ever this winter watch natural gas shoot toward $10 rates will not remain low higher rates will first be triggered by the deceptive delusion that the economy is picking up then unwound bound speculation will take rates even higher then Asian Treasury selling will take rates even higher again ISI group speaks about hope, not reality they spew junk about past data, without noting zero resemblance to past cycles now they sound like hacks preaching hope and worthless past patterns having no relevance we have responded to the most colossal federal and monetary stimulus in the history of the world, for a single nation that is right, the history of the world we are seeing minimal resultsIF THE USGOVT OR FED RELAXES FOR A SINGLE QUARTER, AND REDUCES THE MONSTROUS STIMULUS, THE US ECONOMY WILL FALTER QUICKLY / jim