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Author Topic: More good economic news...  (Read 231 times)

Offline muckmaw

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More good economic news...
« on: October 10, 2003, 08:33:25 AM »
8:30 Economics – PPI – Maury Harris: PPI came in at 0.3% vs consensus of 0.1%. exluding energy it was flat. Continue to have some modest upward pressure. Trade deficit for August was released and is a pretty stale number because its from August, however, it is important as economists use this number to fine tune GDP forecasts. The number was at 39.2B for August vs. consensus of 41.5B. July was revised down as well.
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Offline crabofix

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More good economic news...
« Reply #1 on: October 10, 2003, 08:59:17 AM »
Yeah, looks good Muckmaw.

But whats gonna happend now, when Russia is changing currency in the Oilmarket, from Dollars to Euro and Iran, Saudiarabia is following the exampel?

I would say you guys are in deep pooh.
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Offline Rude

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More good economic news...
« Reply #2 on: October 10, 2003, 09:09:52 AM »
Quote
Originally posted by crabofix
Yeah, looks good Muckmaw.

But whats gonna happend now, when Russia is changing currency in the Oilmarket, from Dollars to Euro and Iran, Saudiarabia is following the exampel?

I would say you guys are in deep pooh.


Explain why we will be in deep poop.
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Offline Krusher

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More good economic news...
« Reply #3 on: October 10, 2003, 09:35:43 AM »
Quote
Originally posted by Rude
Explain why we will be in deep poop.



I believe Culero said it best..... noodle envy  :)
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Offline Kieran

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More good economic news...
« Reply #4 on: October 10, 2003, 09:54:07 AM »
Quote
Originally posted by crabofix
Yeah, looks good Muckmaw.

But whats gonna happend now, when Russia is changing currency in the Oilmarket, from Dollars to Euro and Iran, Saudiarabia is following the exampel?

I would say you guys are in deep pooh.


Is it me, or do you seem almost... happy... to say that?
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Offline crabofix

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More good economic news...
« Reply #5 on: October 10, 2003, 10:08:26 AM »
Quote
Originally posted by Kieran
Is it me, or do you seem almost... happy... to say that?



You know the saying, "No news, Good news".

But still I am happy to see a change in the worldmarket, yes.  
Computer parts are traded in $!! AH is paid in $! "more bang for the buck"
« Last Edit: October 10, 2003, 10:10:31 AM by crabofix »
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Offline Saintaw

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@ Krusher
« Reply #6 on: October 10, 2003, 10:34:30 AM »
Please, don't mix the words 'noodle' & 'poop' in the same post, thank you!
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Saw
Dirty, nasty furriner.

Offline Krusher

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Re: @ Krusher
« Reply #7 on: October 10, 2003, 10:42:38 AM »
Quote
Originally posted by Saintaw
Please, don't mix the words 'noodle' & 'poop' in the same post, thank you!



my bad !
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Offline miko2d

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More good economic news...
« Reply #8 on: October 10, 2003, 11:16:22 AM »
muckmaw:  PPI came in at 0.3% vs consensus of 0.1%. exluding energy it was flat. Continue to have some modest upward pressure...

 Now, could you explain what in your post should make us think it is really a good news, as the label indicates?
 Mind you, I am not arguing yet. Just fail to see at first glance, how is the flat PPI and lower TD constitute good news rather than bad or undetermined?

 miko
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