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To: Mohan Marette who wrote (57208)8/10/1998 1:48:00 PM
From: Lee  Respond to of 176387
 
Hi Mohan,..***Off Topic***

Thanks very much for the Steve Beckner article. He's very close to Fed goings on and he wrote a book about Greenspan. We're supposed to get 2Q productivity and costs report tomorrow and talk is that productivity will show a decline. That number is what Greenspan banks on to offset increasing wages. We'll have to see what the report shows. I've also noticed this morning that an increasing number of people are talking about an easing but I think it's too early, especially in light of the huge consumer spending. We should have a better idea over the next couple of months how much of a brake SE Asian woes have been on our economy but you've noticed that most recent eco reports show that the US economy is humming along, barely affected for the most part.

Came back from a weekend trip to PA and found almost 200 messages on Dell! No way to get through all that and still get other chores done.<VBG> Sorry about being late to answer.

Regards,

Lee