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To: pater tenebrarum who wrote (85496)2/13/2001 1:32:44 PM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
I think the spot CRB is below it's 200 dma now. The breakdown in the CAD, the weakness in copper, the
weakness in the industrial metals index, AUD also weak are all illustrating the deflationary forces at large.

I guess the FFund futures for March are now pricing in only a 60-70% chance of a 50 basis point ease at the
next meeting.