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To: John Pitera who wrote (31155)4/7/1999 3:19:00 PM
From: Alias Shrugged  Read Replies (1) | Respond to of 86076
 
Little blurb in today's WSJ saying South korea's projected trade surplus being impacted (negatively) already by oil prices.



To: John Pitera who wrote (31155)4/7/1999 3:27:00 PM
From: bill meehan  Read Replies (1) | Respond to of 86076
 
Nobody will care. The bulls will just point to the "core" rate. I'm not sure they'd even think there's a problem if the productivity numbers start to crumble.



To: John Pitera who wrote (31155)4/7/1999 7:06:00 PM
From: Activatecard  Read Replies (2) | Respond to of 86076
 
Does the PPI make any difference anyway?

CNBC will report "...after the volatile food and oil are removed from the (pick any month) PPI index, the core rate is (pick any number). With no inflation (pick one: on the horizon, in the future, in sight) and the Fed expected to (pick one: raise rates, lower rates, stand pat), our next guest sees a (pick any month) DOW at (pick any number greater than the close).

Different facts, same outcome, UP.

As if people don't fill up the tank on the way to the grocery store where they substitute frozen yogurt for ice cream made with real butter fat.

Steve