>BLS DAILY REPORT, MONDAY, FEBRUARY 1, 1999 >"This economy is the wonder of the economic world," Robert >Dederick, consultant with the Northern Trust Co., tells the Bureau of >National Affairs. "This is rewrite the [economic] textbook time. While the >consumer continues to buy as if there is no tomorrow, the housing market is >rip-roaring, and inflation is in check. It's a central banker's dream in a >world that is a central banker's nightmare." Will wonders never cease? My advise for aspiring textbook rewriters -- wait and see. Wait and see. Judging strictly from the current volume of exuberant hyperbole, a hard rain is going to fall. regards, Tom Walker
