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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (1311)2/28/2001 11:10:20 AM
From: Keith MonahanRead Replies (2) | Respond to of 24758
 
It's alarming how little he seems to know about how the system truly works when at other times he seems completely competent.
He then stated that the FED isn't concerned about money supply. Either this last comment was a lie or he's crazy.

I think the question he was asked was not framed properly and he responded accordingly, although the statement concerning money supply was a little scary.



To: ahhaha who wrote (1311)2/28/2001 12:17:53 PM
From: ahhahaRespond to of 24758
 
The Chicago PMI rose to 43.2 in February from 40.2 in January. Most of the key components were up, including new orders, production, and inventories. Prices paid also rose to 64.9 from 62.9 in January. The rebound in the overall Chicago PMI suggests that manufacturing activity is still slowing, but somewhat less sharply than in the previous month, a possible sign that the worst may be behind us.

Prices paid was up to 64.9. That isn't any interest rate cut indication.


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