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To: expat_panama

GDP coming out tomorrow. Should get the market moving one way or the other. Sure hope they are close to the ballpark this time. Last time they were barreling down the freeway in the wrong direction. ;^)


34 posted on 07/29/2014 7:23:52 PM PDT by Lurkina.n.Learnin (It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
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To: abb; Abigail Adams; abigail2; AK_47_7.62x39; Aliska; Aquamarine; Archie Bunker on steroids; ...

Whoa, big day today!  After yesterday's stocks off is higher volume w/ metals flat, we now got both stocks and metals expected up ahead of all this:

MBA Mortgage Index
ADP Employment Change
Chain Deflator-Adv.
GDP-Adv.
Chain Deflator-Adv.
Crude Inventories
FOMC Rate Decision

An office pool might be nice here, we got till an hour before opening bell to guess at what the GDP will be and the grand prize will be a big I-told-ya-so plus you get to wear the Guru hat.  More weirdness:  


35 posted on 07/30/2014 4:16:43 AM PDT by expat_panama
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To: Lurkina.n.Learnin

Consensus is 2.9% - Deutsche Bank came out with north of 4% yesterday. Regardless we know two things will happen:

1) It will be revised down
2) FReepers will scream and yell that the books are cooked and that we are really in a depression

:-)


36 posted on 07/30/2014 4:32:19 AM PDT by Wyatt's Torch
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