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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (69450)	6/11/2004 6:02:37 PM
From: Skeet Shipman	Read Replies (2) \| Respond to of 94695

Hi Bill, From the ECRI today businesscycle.com An index designed to anticipate cyclical turning points in inflation increased slightly in May after a pronounced decline in April. At the same time, a smoothed version of the annualized growth rate rose to 1.8% in May from 1.1% in the prior month. The Weekly Economic Leading Index declined to 132.9 inticating a growth rate of 5.1% (reported as of June 4). In May it was running at 6.6%. This data supports the idea that the Fed will raise rates gradually. Skeet