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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Cynic 2005 who wrote (5095)9/4/1998 9:05:00 AM
From: Cynic 2005  Read Replies (1) of 86076
 
The Cry-babies' (super bulls) dilemma:
Shall we say the domestic economy is strong and get on with buying spree OR say the economy is weak and ask for the Feds to cut rates and then go on buying spree. Is there a way to do both? I guess they will try. -g-
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08:31 MANUFACTURING LOSES 105,000 JOBS SINCE JUNE.
08:31 CONSTRUCTION ADDS 16,000 JOBS IN AUGUST; 261,000 SINCE OCTOBER.
08:31 SERVICES ADD 256,000 WORKERS IN AUGUST.
08:31 AVERAGE WORKWEEK UNCHANGED IN AUGUST.
08:31 HOURLY EARNINGS UP 7 CENTS OR 0.5% IN AUGUST.
08:31 MANUFACTURING LOST 48,000 JOBS EXCLUDING STRIKE-RELATED GAINS.
08:30 END OF GM STRIKE ADDED 150,000 WORKERS IN AUGUST.
08:30 UNEMPLOYMENT RATE REMAINS AT 4.5% IN AUGUST.
08:30 AUGUST PAYROLLS RISE 365,000, ABOUT AS EXPECTED.

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