Unflation

[pms]

I know.  I've been wondering if they'll let him get away with it.  After
all, it's the Big Cigars who'll comment first.  But I think the fix is in.
No financial commentators I've heard have questioned his position, or even
mentioned the counterindications.

Ed Yardini says- .25 this time, .25 next time, nothing at the next
session(I think) and then, ta-da, a CUT!  Must go back and read again.
Maybe I misunderstood.  But that sounds like a cat and worker-mouse game to
me.

At 11:57 PM 6/17/99 -0700, you wrote:
>>>
>Ah-ha.  I thought that inflation news was a fake-out.  Today when I heard a
>bit of Greenspanese on NPR, the words just keep echoing: Yea.  And Labor's
>gettin' uppity.
>>>
>
>Greenspan is the one who's uppity.  Even after the latest
>report of no inflation he is still signalling a rate increase.
>
>mbs
>
>