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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (10026)11/19/1997 11:36:00 AM
From: Joss  Read Replies (1) | Respond to of 94695
 
Hi Joan,

I think you are correct. Up till now, with such high employment, we should have been experiencing inflationary pressures. But, as has been pointed out eleswhere, we have been fortunate enough to be "importing deflation from asia". Problem is, water seeks it's own level. We will reach a global equlibrium on inflation/deflation and let us hope that balance is just at the "disinflation", not deflation point. I am concerned that this "rosey" scenario will not be the case.

Steve



To: Joan Osland Graffius who wrote (10026)11/19/1997 5:45:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Joan,

"My recollection of history is deflation spreads. The markets may not drive ours but the economics may."

Yeah I agree with that... like all the spice companies now are getting their spices at lower cost because of the devaluation of the currencies!

Ooops, I guess I wasn't supposed to look at THAT side of the equation!

Regards,

Bill


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