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To: KeepItSimple who wrote (34525)1/12/1999 5:47:00 PM
From: Mandinga  Read Replies (1) | Respond to of 164684
 
I would think so but wihtout inflation why would he raise int rates?
To cool down the economy?
Maybe



To: KeepItSimple who wrote (34525)1/12/1999 5:50:00 PM
From: David Lee  Read Replies (2) | Respond to of 164684
 
Simple - you wrote:
PPI released early, up a whopping 1%.
Inflation isn't just creeping up on us, it's breaking down the door.

Expect greenspan to finally realize the mess he's caused and bite the bullet by raising rates in an emergency session.


Maybe I don't remember my economics correctly, but I believe in order to stop inflation, you drop interest rates.

David



To: KeepItSimple who wrote (34525)1/12/1999 6:49:00 PM
From: Tunica Albuginea  Respond to of 164684
 
KeepItSimple, Re:PPI
Message 7246417
Some inflationary numbers on early release, (mistakenly), of Producer Price Index release; due to high employment numbers. However slowing overseas sales ( Brazil etc,Asia in slump,Japan tanking,lower oil prices ) will undo that.
HOWEVER above does not appear correct:
This is the PPI story:
It was released mistakenly, early ( supposed to have been Fri ).
First release ~1730:PPI remains low.
2nd release ~1740: No, PPI is higher than expected.
3rd release ( all from Labor Dept ): oops, mistake again: PPI is low after all!!
Stay tuned. ( don't forget: all these numbers get routinely revised later; I don't think it will roil the markets tomorrow.
(For conspiracy theorists on the thread ): labor dept is trying to tweak PPI numbers, to roil the markets, so the White House can turn around and say ( during the forth coming Billy C. trial: " see we told you what would happen if you touch Billy boy ).
as far as AOL is concerned, i don't believe there will be a seasonal factor.Ecommerce is on the roll, full time, and AOL will lead it,

back later

TA