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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (44928)12/3/1999 9:21:00 AM
From: Haim R. Branisteanu   of 94695
 
James US government directly involved in perpetuating the stock market bubble higher?

For the last few months the initial job report and wage increases are revised higher for the preceding month with the actual numbers reported much lower as anticipated. Same apply to inflation numbers and housing prices.

The markets convienently ignore the adjustments, and still wages excluding benefits rose 3.8% Y to Y not to mention benefits and stock options who rose well over 10%.

The whole think is a ponzi scheme IMHO

BWDIK
Haim
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