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To: Lee who wrote (30556)1/28/2000 10:11:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
<<Q4 GDP = +5.8% Price deflator = +2% >>

I think this is unsustainable growth rate market if we try to judge this from old paradigm economic model, the market tends to consider that too often, caution advised a break of 11000 on closing basis and failure from 1482 third time all are negative developments.. Expectations on rates will now probably change upwards..

Thanks and best regards to every one.. I am very nearing completion of a major project interestingly motivating but will be more free within 10 days...



To: Lee who wrote (30556)1/31/2000 12:43:00 PM
From: Lee  Read Replies (1) | Respond to of 50167
 
Economic Data for Monday, Jan. 31, 2000

Personal Income for Dec = +0.3%
Personal Spending = +0.8%

bea.doc.gov
Personal income increased $25.4 billion, or 0.3 percent, and disposable personal income (DPI) increased $14.0 billion, or 0.2 percent, in December, according to the Commerce Department's Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $51.3 billion, or 0.8 percent. In November, personal income increased $31.2 billion, or 0.4 percent, DPI increased
$25.7 billion, or 0.4 percent, and PCE increased $41.5 billion, or 0.7 percent, based on revised estimates.


Chicago PMI for Jan = 55.6%

biz.yahoo.com
Chicago Purchasing Mgrs Jan index falls to 55.6
CHICAGO, Jan 31 (Reuters) - The Chicagoland Business Barometer fell to a seasonally adjusted 55.6 in January from a revised 56.0 in December, the National Association of Purchasing Management-Chicago said Monday