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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (6731)2/2/2004 12:58:42 PM
From: NOW  Read Replies (1) | Respond to of 110194
 
its in health insurance....



To: yard_man who wrote (6731)2/2/2004 1:03:26 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
10:31
ECONOMY: ISM Jan Manuf. Index 63.6, Prices Accelerate Upward [delayed]
Ridgeland, MS, FEB 02, 2004 (EventX/Knobias.com via COMTEX) --The January ISM Manufacturing Index came in at 63.6 above the 63.4 level expected by the street. The December index was 63.4. Readings above 50 indicate expansion. The employment and new orders components increased, but at a slower rate than the last report. Prices increased at a faster rate. January's index is at 75.5 percent, 9.5 percentage points higher than December's reading of 66 percent, its highest since March 2000.



To: yard_man who wrote (6731)2/2/2004 1:04:20 PM
From: ild  Respond to of 110194
 
The market finally realized that it was a bad joke when Greenjeans hinted he might sometime tighten.



To: yard_man who wrote (6731)2/2/2004 1:04:51 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
You are not seeing it cause it is not there.
Autos not up
PCs not up
Refrigerators not up
Tools at HD not up
prices in general at walmart not up

medical expenses up
home insurance up
commodities up
property taxes up
home prices up

overcapacity up

Real wages down
Jobs down
Job benefits down
Pension benefits down
=====================================================
In view of that combination there simply is no way to pass on price hikes in commodities. If they could they would. They haven't because they can't.

M