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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (71563)2/25/2001 3:22:25 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
If we get another panic intermeeting rate cut, Thursday may finally be the Waterloo of the ClownBuck, as ther is an ECB meeting AND the NAPalM report due on that day:

quote.bloomberg.com

And reports from company purchasing managers also are expected to point to weakness. Regional statistics from the Chicago purchasing managers are set for release Wednesday. The National Association of Purchasing Management's statistics are due Thursday. Both reports will probably reveal factory index numbers below 50, evidence the manufacturing economy is contracting.

quote.bloomberg.com

Frankfurt, Feb. 25 (Bloomberg) -- The European Central Bank will likely leave borrowing costs unchanged on Thursday, after some members of the central bank said last week that inflation is a concern.
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