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Strategies & Market Trends : The New Economy and its Winners

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To: fedhead who wrote (16620)	4/11/2003 10:13:06 AM
From: Bill Harmond	Read Replies (1) of 57684

09:47 ET Michigan Sentiment for April reported at 83.2 vs consensus of 79.0 Solid increase in the sentiment reading from March's depressed 77.6 level as expectations provided the stronger pull with a 8.8% gain compared to the 5.3% rise in the present situation component. The timing of the phone call survey isn't clear with potential for the month-end revisions to show a stronger gain given the settling of war concerns. Strong disposable income growth, low financing rates and cash-out refi boom have underpinned.

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