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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (4214)	4/13/2004 9:30:15 AM
From: Robert Douglas	Read Replies (1) \| Respond to of 116555

Blowout retail sales number ``This is a huge number, one of the strongest I've ever seen,'' said Cary Leahey, a senior economist at Deutsche Bank Securities in New York. ``You are left with the impression that the economy is running well above Fed expectations on growth and inflation, and they are inching closer to tightening.'' The economy ``is firing on all cylinders,'' he said. That's a "hat trick" number. Stronger than consensus and the prior two months revised up.