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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (29828)10/15/1999 8:59:00 AM
From: Softechie  Respond to of 99985
 
08:34 ET Economic Report : The Sep PPI rose 1.1% and 0.8% core. The most
important number, however, is the core ex-tobacco, which rose 0.3%. This too is
worse than expected, but has to be viewed in the context of a declining core rate
seen thus far in 1999. Nevertheless, this indicates an increased risk of a November
Fed rate hike and will hit stocks.