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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (49986)3/5/1999 4:28:00 PM
From: SeaViewer  Read Replies (2) | Respond to of 132070
 
BTW, CNBS today reported that Jan. consumer credit was (? I forgot the figure) the highest since 1995 (month?).

U.S. Consumer Credit Rose $14.7 Bln in Jan Vs Rev Dec $3.1 Bln Rise - Fed

biz.yahoo.com

Jeff



To: RealMuLan who wrote (49986)3/7/1999 8:36:00 AM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Yiwu Zhang / All

<Because more and more companies pay their employees with stock options>

Actually, you may be more correct in your later assessment of the quality of jobs. Wage inflation would indeed be low if the jobs lost were high paying and the jobs added lower paying (service sector) jobs. It would be interesting to know what the average wage of the jobs lost was vs the average wage of the new jobs.

<<Our dollar is highly valued in world economy,>>
<It is changing. Give it another few months.>

Yeh its changing alright, daily the dollar hits new highs against the Euro and is increasing its value against the Yen. The expectations are in a few months, it will be more valuable against both those currencies. Nothing is fundamentally going to change to make Europe more competitive and we have managed to convince Japan to print money and essentially devalue their Yen. (imo)



To: RealMuLan who wrote (49986)3/7/1999 8:57:00 AM
From: BGR  Respond to of 132070
 
YZ,

If you think that the USD is going to weaken in another few months, I would be seriously interested in knowing your rationale, as all the data that I have seen seems to counter this (Japan reflating and the Euro didn't turn out to be a threat at all).

-BGR.