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Date: Fri, 30 Apr 1999 10:14:41 -0700
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From: Mervin Yeung <tinyeung@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Jap.Yen Futures
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Hi,
The answer to the inflation question, I believe, is to check where the
newly created money and credit are going to go. As long as the stock
market is well and alive, the new money and created credit are going to
flow into equity markets and our financial boom will continue. Since
the new money and created credit do not flow into retail market,
consumer price index is likely to stay low and inflation should remain
low.
Agree?
Mervin
Ira wrote:
>
> Has anyone noticed the action in the grains and metals. Are we seeing a basing
> that could end the dream of no more inflation? How far will oil prices retrace
> to give relief if the others start a protracted move? Triangles, flags,
> penants are signs of indecision. Once the decision, the perception of things
> to come, is set, hold on to your hats. Ira.
>
>
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