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Strategies & Market Trends : Paint The Table
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To: Oral Roberts who wrote (1457)11/9/2001 9:36:16 AM
From: Oral Roberts  Read Replies (1) of 23786
 
The worst drop in the PPI since 1947. The talking heads are trying to paint this as good. I don't get it. They say this can allow the Fed to be more aggressive. Huh? Aggressively drop the prime to -2 or what. How can GM selling cars at a deep discount with 0% financing be good for GM? I'm sure that GMAC's profits are going to soar with 0% financing. Perhaps for consumers this can be good but it doesn't sound good for profits or the market long term to this amateur.
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