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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Lee who wrote (28173)8/13/1999 10:40:00 AM
From: Lee  Read Replies (1) | Respond to of 50167
 
Economic Data for Friday, August 13th, 1999

PPI for June = +0.2%
Core PPI = unch

stats.bls.gov
The Producer Price Index for Finished Goods advanced 0.2 percent in
July, seasonally adjusted, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today.


Business Inventories for June = +0.3%

census.gov
Inventories. Manufacturers' and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,112.7 billion, up 0.3 percent (±0.1%) from May and up 3.2 percent (±0.3%) from June 1998. Total durable goods were up 0.5 percent (±0.2%) from May and were up 4.0 percent (±0.5%) from June 1998. Total nondurable goods increased 0.1 percent (±0.2%) from May and were up 1.9 percent (±0.5%) from June 1998.

University of Mich. Consumer Sentiment = 114.5 for Aug.

biz.yahoo.com
U Mich Current Conditions Index 114.5 Aug Prelim Vs 116.5 July Final-sources



To: Lee who wrote (28173)8/13/1999 1:14:00 PM
From: Frank Griffin  Respond to of 50167
 
Lee, I respect what you are saying but I believe Crystal Ball is much closer to being accurate. The last two years Greenspan has upset a good functioning market with his Humphrey Hawkins hawkish position. I believe I will abandon the market next year just before he makes that Humphrey Hawkins speech.

Frank