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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 324.17-0.7%Nov 18 4:00 PM EST

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To: MrGreenJeans who wrote (626)8/9/2000 5:55:28 PM
From: Wally Mastroly  Read Replies (1) of 10065
 
This economy does look a little "beige".

O.K., I concede (for now)<G>

FOMC should be on hold for a rate hike till after the election....

Headlines:

14:02 FED BEIGE BOOK REVEALS WIDESPREAD MODERATION IN ECONOMY DURING JUNE-JULY
14:02 FED REPORTS CONSUMER SPENDING, MANUFACTURING, CONSTRUCTION ALL SOFTER
14:02 FED SAYS "EASING DEMAND APPEARS TO BE RESTRAINING PRICE INCREASES"
14:02 FED SAYS LABOR MARKETS REMAIN TIGHT, WITH SHORTAGE OF WORKERS STILL TROUBLESOME
14:02 FED: MANY DISTRICTS REPORTED WAGE, BENEFIT COST INCREASES
14:02 FED: COMPETITION LARGELY KEEPING WHOLESALE PRICE INCREASES FROM BEING PASSED ON
14:02 FED: LOAN DEMAND REMAINED STRONG OR SOLID IN MOST DISTRICTS

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Don't like these oil headlines however...... <BG>

13:56 SEPT. CRUDE GAINS 1.26 CENTS TO $30.38 AMID DROP IN WEEKLY API SUPPLY DATA
13:56 SEPT. GASOLINE UP 1.72 TO 88 CENTS/GAL. AFTER API, ENERGY DEPT. POST FALL IN STKS
13:56 SEPT. HEATING OIL UP 3.87 CENTS 83.70 CENTS/GAL. LIFTED BY WINTER TIGHT SUPPLIES

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BEIGE Book FOMC Summary:

bog.frb.fed.us
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