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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (10694)11/8/2000 4:58:08 PM
From: T Bowl  Read Replies (1) | Respond to of 42834
 
Wally -

Do you follow import prices at all? I do, mainly as a hint as to what
to expect on the following day for the PPI. Around 80% of the time
it is a good indicator of the direction of the MTM PPI data.
I use it as a hedge to make sure I am not betting on the wrong
side when the PPI comes out.

It fell 0.5% last month. OA trend over the last few months looks
very good. Even the "core" import prices(ex petrol) trend looks like it
has peaked.

Current expectations for PPI is 0.2% tomorrow.
I'm betting it's lower…hopefully even negative.

I'd swear the data is watched more closely than I read about.
The timing of the last few major peaks occur eerily close to
fed movements. Even before US rear view mirror data shows a let up
in inflationary pressures.

Any thoughts?

todd



To: Wally Mastroly who wrote (10694)11/9/2000 4:43:50 PM
From: Wally Mastroly  Read Replies (2) | Respond to of 42834
 
Possible close (final) votes in Iowa & Wisconsin add to uncertainty........

msnbc.com