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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (8900)9/27/1999 1:32:00 PM
From: Wally Mastroly  Read Replies (2) of 15132
 
Major business and economic events schedule - GDP Thurs. (& CIBCR Fri.):

usatoday.com

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CIBCR Leading Inflation Index:

dismal.com

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Brinker mentioned CIBCR Sunday near close of the show. Index off last month - after 5 monthly increases.

Another decrease could tilt the FED to hold next week?

Excerpt:

>..After increasing for five consecutive months, the Leading Inflation Index declined slightly in August.

The LII was down 0.2% from July and the previous three months of data were revised downwards, although the month-to-month increases remained positive.

Given the volatility of this index due to its frequent revisions, one month's worth of data showing an easing of inflation should not be taken too seriously......<
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