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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: CalculatedRisk	7/7/2006 8:25:03 PM
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Dr Duy's Fed Watch: Still in the Game economistsview.typepad.com "The jobs report was mixed, but tilted enough to the “strong” side to keep the more hawkish FOMC members fidgeting nervously. Yes, the headline reading of 121,000 net new hires in May argues for a pause at the next meeting. But the rest of the report argues for another 25bp. And, given last month’s wave of hawkish rhetoric, caution suggests following the latter bet."

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