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

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To: Softechie who wrote (10313)3/17/2004 1:39:43 PM
From: Jim Willie CB  Read Replies (2) of 110194
 
my guess: PPI up 0.7%, between 8 and 9% annualized
but somewhat dismissed
as evidence of economic recovery

and much nonsensical talk of how consumer prices offset it
when it points to diminished corp profit margins
and strained household budgets
both of which are deflationary on jobs and economy

CPI-PPI indicates disappearing profit margins and discretionary budgets
instead, numbnut economists will say THEY OFFSET
NOT SO
/ jim
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