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To: marginmike who wrote (278812)3/3/2004 11:00:24 PM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
seems weak employement and high inflation neutralize in the govt opinion. IMHO high ppi will spook more then the weak employment #

Spook what?
I am not sure the markets have much oomph in them no matter what.

However Eurodollars, treasuries, and probably gold will move more with EMPLOYMENT data for the simple reason EVERYONE knows that is what the FED is watching for rate hikes. Strong PPI and strong jobs and the whole FN thing collapses IMO.

Mish