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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (5602)1/20/2004 11:37:31 PM
From: mishedlo  Read Replies (1) of 110194
 
Daily Treasury Statement (DTS) on wages and salaries withholding for first week after XMAS (Mon. 12/ 29, 2003/ Mon. 12/30, 2002 through Friday before MLK Day: 14 days total. Should offer good clean look at early 2004 employment. The 4Q, 2003 was virtually flat, and this latest period is pretty close to trend, and indicates a continuing weak labor market:
2004: 97,249 vs. 2003: 98,340, minus 1.1%


Thanks Russ.
A weak labor market is music to my Eurodollar ears.
I post stuff in your favor and I appreciate you doing likewise. Eventually we are both going to agree on everything and god help us both when it happens.
This is THE best board on SI for discussion of these issues.

Thanks for setting it up.
Mish
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