amazing commentary coming out of some of the tipsters over the weekend, all complaining of rorts, probably official. colin twiggs saying for the first time that he sees evidence of direct fed intervention in stock markets - is he slow or what? - and john murphy pointing out that the only reason the last usa inflation report was benign was that the labour department who does the figures 'seasonally adjusted' the price of fuel!! It was up about 5.5% in real dollars but after being seasonally adjusted was a small minus number!! Thats on top of separating food and fuel from the rest to form the core inflation number... as the Chinese premier said last year, the usa markets are 'losing credibility' ... I wonder if this manipulation of the figures is going to do more harm than 'good' in the longer term?
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