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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (17927)2/27/2004 4:48:35 PM
From: Lizzie TudorRespond to of 306849
 
re: PPI delay
sure seems like something is up doesn't it.

But the larger concern is actually lack of jobs in my view, and the jobs picture is not changing, in fact it is getting worse for the white collar workforce.



To: Elroy Jetson who wrote (17927)2/27/2004 7:12:13 PM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
Lizzie - I certainly know that both steel and oil prices are up sharply because of the falling dollar.

So at least many of the components of the PPI should be through the roof.

I just can't imagine how they're going to hide the obvious.

It's pretty inescapable that that payrolls will continue falling. There's such a high turn-over from high paying jobs to jobs that pay dramatically less.