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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Jacob Snyder who wrote (30510)10/18/1999 10:41:00 PM
From: Les H  Read Replies (1) of 99985
 
BizNews Oct 20, 2000

The government came out with the September CPI report this morning. This report introduced the Double Core CPI ex-food, housing, auto, and tobacco. The CPI came in at 2.0, well above the consensus estimate of 1.5. The Core CPI came in at 1.8, meeting estimates. The Double Secret CPI, er Double Core CPI, which simply measures the prices of computers, cell phones, and ISP accounts, came at -0.5, barely beating estimates of -0.4. Interim BLS Secretary "Bluto" Blutarsky proudly proclaimed "This shows our economic policies are working.".
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