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

To: mishedlo who wrote (12184)4/19/2004 4:32:31 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
IRS tax refunds the last three weeks only up 9.05% yoy, versus up 13.9% YTD up to March 26. So the last minute filers are not getting the refunds expected, and the process is 85% over. The latest DTS withholding is no big shakes either: 4-5 through 4-16 was 52,626 vs 52,462, up 0.3%. Economy quickly getting lethargic, stimulus worn off? Sure looks that way, the next couple weeks will provide more clues. Maybe a reason for this: WMT?

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