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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (5755)8/21/1998 3:28:00 PM
From: Robert Douglas  Respond to of 9980
 
Robert, the CRB is "ready to trounce 200", that is the best "warning" signal that deflationary pressures are here.

The CRB makes up a small portion of the cost of doing business. Wages are far more important when predicting inflation.

Additionally the CRB is a bad index to use for gauging industrial activity since it contains precious metals, cocoa and coffee. A much better index is the Journal of Commerce Industrial Materials Price Index, which can be found weekly in Barrons. It has made a bottom and is off its' lows. Give it a look.

-Robert