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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (11482)	1/28/2000 8:37:00 AM
From: Wally Mastroly	Respond to of 15132

Initial ECI/GDP headlines - both higher than expected(enough for 50 basis points next week? -maybe) 08:30 U.S. ECI WAGES AND SALARIES UP 0.9% IN Q4, BENEFITS UP 1.3% 08:30 U.S. Q4 ECI POSTS 1.1% RISE; CONSENSUS WAS FOR 0.8% RISE - I thought the ECI consensus had been for + .9% (but - whatever) - Headlines: www2.marketwatch.com U.S. GDP, employment costs top forecasts- 8:35 a ET U.S. gross domestic product and employment costs grew more than expected in the fourth quarter, according to data released Friday. The Commerce Department said GDP rose 5.8 percent, above a 5.5 percent consensus estimate, with the price deflator climbing 2 percent instead of the estimated 1.2 percent. Meanwhile, the Labor Department said its employment cost index rose 1.1 percent,above the forecast 0.8 percent.