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To: Joseph G. who wrote (4091)8/20/1998 8:50:00 PM
From: Investor2  Read Replies (1) | Respond to of 86076
 
Re: "US industrial production from the Fed, in $B, appears we hit the peak in ~ May."

That's one reason why the Fed will not raise rates, in my opinion.

Best wishes,

I2



To: Joseph G. who wrote (4091)8/20/1998 8:57:00 PM
From: Joseph G.  Respond to of 86076
 
It's not $B, it's 1992 = 100



To: Joseph G. who wrote (4091)8/20/1998 9:12:00 PM
From: yard_man  Read Replies (1) | Respond to of 86076
 
Message 5550652

>>In his dissent, Jordan argued that "the unsustainably rapid growth of domestic
demand -- fueled by the acceleration of money and credit growth in the past year --
was reflected in the recent sharp increase in imports and rising trade deficits. As U.S.
output growth slows significantly from the rapid pace of 1997 and early 1998, it will be essential that domestic demand also slow .<<


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