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

To: IQBAL LATIF who wrote (39887)	6/14/2001 8:40:59 AM
From: IQBAL LATIF	Respond to of 50167

Today's Releases Business Inventories (MTIS) for April: 0.0% Sales slip, while inventories unchanged. neutral for the market.. Jobless Claims for 06/09/01: 428,000 Intial claims edge downward, but upward trend persists.was expected worst..may be looked at favourably with the hope that we are bouncing off the unemployment bottom.. PPI for May: 0.1% Core: 0.2% Wholesale inflation well below expectations.Good news, was expected little bad but prices are stable and hence that theory of 'higher inflation and lower profits' weakens..if you all remember 'stagflation fears' at lows of the present selling..