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To: Don Green who wrote (21419)6/2/1999 12:11:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Don, I am not sure I understand your last post, the CRB has gone down from 235 or so to 185, while the equity market was roaring. This picture was a cornerstone of the Goldilock economy, its recent stabilization is associated with renewed fears of inflation (hogwash IMHO), and higher interest rates, if it goes back under 185, I would have presumed that the Goldilock economy is back. What am I reading wrong (short of a massive deflation).

Zeev


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