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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (38801)	4/12/2001 8:58:02 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

OJ, stronger numbers were hated by this market, better than expected earnings and low inflation is that point which very clear, and you remember your stagflation theory, that is out today, on Friday the market sold on that. PPI is low, retail sales below expectations makes for a case of cut and weekly number definitely higher but considering that market has discounted a huge slow down this is far lower, in % age terms 91-92 400,000 is not the same as 2001 400,000, the labor pool now is far bigger, the equivalent number today woud be 530,000 that will give us that same 91-92 impact..this is facts and facts are just unravelling. The bears are caught solid I hope this time..