Monday, May 16, 2005

FUNNY?

How a CONTRACTING NY STATE MANUF UNDEX reading of NEG 11 today and recently GREAT NEWS? of a falling TRADE deficit are taken by traders?

A HUGE decline in the trade deficit, did that NOT mean CONSUMERS were retrenching?

If ANY of this data was really GOOD news, WOULD interest rates have fallen? instead of going up?

D

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