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EScroogeJr (< 20)

as I said

Recs

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April 16, 2008 – Comments (2)

0.3% in March, vs. 0.4% that rational people expected. It's very easy to predict inflation in this market. Take the consensus number that people have come to expect after adjusting for BLS's lies and distortions, subtract 0.1%, and voila! You've arrived at the number the BLS is going to report.

2 Comments – Post Your Own

#1) On April 16, 2008 at 11:00 AM, Imperial1964 (97.93) wrote:

You were right.

I'm going to wait a month or two to see if Producer Price increases make their way to the Consumer Price Index.  If the CPI doesn't follow through, that seems rather bad for equities, in my opinion.

But I guess I'm not one of the people buying into this bear-market rally.

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#2) On April 16, 2008 at 11:00 AM, Imperial1964 (97.93) wrote:

You were right.

I'm going to wait a month or two to see if Producer Price increases make their way to the Consumer Price Index.  If the CPI doesn't follow through, that seems rather bad for equities, in my opinion.

But I guess I'm not one of the people buying into this bear-market rally.

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