His name is Ash Rajah, Prudential analyst.
Some inflationary numbers on early release, (mistakenly), of Producer Price Index release; due to high employment numbers. However slowing overseas sales ( Brazil etc ) will undo that.
HOWEVER above does not appear correct:
This is the PPI story:
It was released mistakenly, early ( supposed to have been Fri ).
First release ~1730:PPI remains low.
2nd release ~1740: No, PPI is higher than expected.
3rd release ( all from Labor Dept ): oops, mistake again: PPI is low after all!!
Stay tuned. ( don't forget: all these numbers get routinely revised later; I don't think it will roil the markets tomorrow.
(For conspiracy theorists on the thread ): labor dept is trying to tweak PPI numbers, to roil the markets, so the White House can turn around and say ( during the forth coming Billy C. trial: " see we told you what would happen if you touch Billy boy ).
as far as AOL is concerned, i don't believe there will be a seasonal factor.Ecommerce is on the roll, full time, and AOL will lead it,
TA |
