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Politics : Idea Of The Day
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To: Stoctrash who wrote (36542)1/30/2001 5:43:12 PM
From: IQBAL LATIF  Read Replies (1) of 50167
 
The basis of my post was this email from a source that I respect..
I thought that was worth sharing considering that we all saw what happened after that a move of DOW to 170 plus..
<<From: "Bank Of " <@wanadoo.fr> | Block address
To: <ilatif@yahoo.com>
Subject:
Date: Tue, 30 Jan 2001 16:57:55 +0100
Add Addresses


Hi Iqbal

US CONSUMER CONFIDENCE FELL TO 114.4 IN JANUARY VS 128.6 LAST.

THERE IS A MARKET TALK OF 75 BP RATE CUT AT FOMC

CONSUMER CONFIDENCE IS CLEARLY IMPORTANT TO THE FED. REMEMBER THAT THE FED CITED IT AS ONE OF THE FACTOR MOTIVATING THE 3 JAN RATE CUT.

REGARDS
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