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


To: ild who wrote (11093)4/1/2004 10:06:21 AM
From: loantech  Respond to of 110194
 
lol. lol.



To: ild who wrote (11093)4/1/2004 10:24:16 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Canada with a strong currency reports 1.8%, and the US tries to pull this one off. No attempt whatsoever at credibility, but nobody gives a hoot, just too much fun wearing lamp shades.



To: ild who wrote (11093)4/1/2004 10:48:41 AM
From: TrueScouse  Read Replies (2) | Respond to of 110194
 
ild:

Amazing what you find when you dig down in these reports... The overall PPI may be low, but check out the following:

**Percentage Changes from February 2003**

"Crude Materials for Further Processing": +10.7%

including...
- Slaughter Hogs: +38%
- Soybeans: +47%
- Cotton: +17%
- Copper Scrap: +45%
- Iron and Steel Scrap: +88%

With a 6 month lead time from wholesale prices to consumer prices, the CPI should really peak just before the Presidential election! I wonder how they'll massage the figures to make sure that doesn't happen? <LOL>

Regards,
Howy



To: ild who wrote (11093)4/1/2004 12:16:34 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
most interesting is the fact that the market completely ignored the PPI no comments at all



To: ild who wrote (11093)4/1/2004 7:30:38 PM
From: patron_anejo_por_favor  Respond to of 110194
 
Ha ha ha ha! This is an April's fools prank, you can't pull the wool over MY eyes, nosireebob!<G>

The Bureau of Labor Statistics of the U.S. Department of Labor
reported today that the Producer Price Index for Finished Goods edged up
0.1 percent in February, seasonally adjusted. This increase followed a 0.6-
percent jump in January and a 0.2-percent increase in December. At the
earlier stages of processing, prices received by manufacturers of
intermediate goods rose 0.9 percent in February, after advancing 0.8
percent in January. The crude goods index increased 2.5 percent, compared
with a 2.8-percent rise in the prior month.


Triple those numbers, and you're probably approaching the truth...<NG>