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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (3154)	2/2/1999 12:42:00 PM
From: Wally Mastroly	Respond to of 15132

Brazil - again... cnnfn.com

To: Wally Mastroly who wrote (3154)	2/2/1999 12:57:00 PM
From: Wally Mastroly	Respond to of 15132

And from another thread - "Eco data for Groundhog Day, Feb. 2, 1999": Message 7615208

To: Wally Mastroly who wrote (3154)	2/2/1999 4:48:00 PM
From: Justa Werkenstiff	Respond to of 15132

Wally: Here are some thoughts on Brazil. Operating from the premise that the market is always right at any given point in time, Brazil does not seem to matter for now. Brinker stated last weekend that Brazil should have a slowing effect on the US economy which is a good thing. I believe that the only reason that the good doctor has not started beat the tightening war drums so hard is because of Brazil. It is his idea, using "ad hoc" remedies in the manner of lowering rates and pumping money into the system, to make this economy and the market so strong that it is resilient to what Brazil has to offer. So his defense is a good offense. But when Brazil and Latin America are stable, he will turn his attention to his favorite bugaboo -- inflation -- and it will be 1994 all over again. And he has got to have his eyes on the oilpatch which has given him a gift to work with in the form of low oil prices.