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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: westpacific who wrote (15209)6/12/2004 1:04:15 AM
From: westpacific   of 110194
 
Weekly Index hit is lowest reading - starting to plunge downward. (Markets lead by six months, rally is getting very old and would have burst if not for PPT prop job.)
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"While U.S. economic growth will stay healthy in the near term, signs of deceleration are clearly on the horizon," said the group's managing director Lakshman Achuthan.

The index's annualized growth rate, which smoothes out weekly fluctuations, decreased for the fourth week in a row and now stands at 5.1 percent. That was its weakest reading in more than a year compared with a revised 6.5 percent in the previous period.
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