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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (119449)9/4/2001 4:31:41 PM
From: patron_anejo_por_favor  Read Replies (4) of 436258
 
Since no one in the media mentioned it, I will. If NAPM is this strong in October, the Fed will be very hard pressed to justify any further rate cuts. Moreover, if the dollar is this strong in October, exporters are TOAST (in fact, rising export orders was one big up component in today's NAPM...and it was made possible 'cause the dollar has been crashing. No ClownBuck crash, no export orders).
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