re: us march ipp bets forecase dow down In my opinion higher oil prices have not fully hit the economy yet. The longer oil stays above $50 or goes higher the worse it gets.
Core inflation good, but 0.7% rise in PPI is not good.
Two sides to this coin. We'll see what the market focuses on and what it does. I reckon a cautious market. CPI tomorrow to look forward to.
Still best to be on the sideline, in my opinion.
to drop to 3500 soon, page-63
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