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To: Secret_Agent_Man who wrote (269108)12/1/2003 8:34:22 AM
From: zonder  Read Replies (1) | Respond to of 436258
 
Bear Stearns report out today titled "From Reflation To Inflation". First sentences:

We had hoped that the world economy would move straight from deflaiton to reflation to price stability. We now think there will be an inflation phase before we achieve price stability. We don't think interest rate hikes will come soon enough to avoid and inflation problem.

That bullish? -g-