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To: Lee who wrote (24441)3/18/1999 10:25:00 AM
From: James Strauss  Respond to of 50167
 
Lee:

Thanks for the economic numbers... The market seems to like them... It's unlikely that the FED can raise rates in this atmosphere...

Jim



To: Lee who wrote (24441)3/18/1999 10:27:00 AM
From: IQBAL LATIF  Respond to of 50167
 
<<Philly Fed = 10.4
phil.frb.org
The survey's current index of general activity fell modestly, from 15.9 to 10.4 this month; however, this marks the third consecutive positive reading of the index. >> Good for profits this quarter..fwiw