Dollar bullish news does little for the US dollar. To our surprise, the
market completely ignored Canada's admission to underreporting US imports in
the month of November. If you recall, the US trade deficit widened to a new
record in November. Such an error by Canada would mean that deficit was much
narrower than expected. In fact the US Commerce Department said that the
Canadian error could add as much as 0.5% to US Q4 GDP, which could boost
Friday's release to 3.6%. Taking this and the sharp rise in foreign inflow
as reported by the TIC data during the month of November in account, we are
left with a potentially very positive dollar development. Meanwhile, the
other economic data released today was equally positive. Personal income
climbed a whopping 3.7% in the month of December, which was the fastest pace
of growth on record; the government began keeping records in 1959. A
one-time $32.6 billion dividend payment by Microsoft accounted for most of
the increase, as income growth net of the dividend is only 0.6%. Generally
it is rare for one company's dividend to have such a significant impact on
personal incomes, but Microsoft is one of the most widely held stocks in the
US and in fact, the payout was more than the federal income tax rebates
forked out by Uncle Sam in the summer of 2001. Chicago PMI jumped to 62.4
from an upwardly revised 61.9 in January. The market had actually expected
the index to dip, but a rise in new orders, production, employment and a dip
in prices paid helped to boost the index. This suggests that tomorrow's ISM
survey could also surprise on the upside.
---------------------------------------------------------------------------------------------------


If you guys keep screwing with US economic data, the next time there's
another errant friendly-fire incident, it might happen just North of our
border...instead of in Afghanistan.

NOYB wrote:

If you guys keep screwing with US economic data, the next ti=ADme there's

another errant friendly-fire incident, it might happen just =ADNorth of
our
border...instead of in Afghanistan.

************************************************** ***

Now that makes sense. Go kill some Canadians because you believe they
"screwed with our economic data" to make Bush look even worse than
usual.

They let you practice medicine?

wrote in message
ups.com...
NOYB wrote:

If you guys keep screwing with US economic data, the next time there's

another errant friendly-fire incident, it might happen just North of
our
border...instead of in Afghanistan.

************************************************** ***

Now that makes sense. Go kill some Canadians because you believe they
"screwed with our economic data" to make Bush look even worse than
usual.

They let you practice medicine?
-----------------------------------------------------------------------------

They let you converse with real adults?

One day you'll recognize the difference between when I'm serious and when
I'm talking tongue-in-cheek.

NOYB wrote:
wrote in message
ups.com...
NOYB wrote:

If you guys keep screwing with US economic data, the next time
there's

another errant friendly-fire incident, it might happen just North of
our
border...instead of in Afghanistan.

************************************************** ***

Now that makes sense. Go kill some Canadians because you believe they
"screwed with our economic data" to make Bush look even worse than
usual.

They let you practice medicine?

-----------------------------------------------------------------------------

They let you converse with real adults?

One day you'll recognize the difference between when I'm serious and
when
I'm talking tongue-in-cheek.

Nice squirming. You've learned well from your right wing propaganda
pushers.

"basskisser" wrote in message
oups.com...

NOYB wrote:
wrote in message
ups.com...
NOYB wrote:

If you guys keep screwing with US economic data, the next time
there's

another errant friendly-fire incident, it might happen just North of
our
border...instead of in Afghanistan.

************************************************** ***

Now that makes sense. Go kill some Canadians because you believe they
"screwed with our economic data" to make Bush look even worse than
usual.

They let you practice medicine?

-----------------------------------------------------------------------------

They let you converse with real adults?

One day you'll recognize the difference between when I'm serious and
when
I'm talking tongue-in-cheek.

Nice squirming. You've learned well from your right wing propaganda
pushers.


Frankly, I expected better from Chuck. But you, basskisser, continue to
perform right at my expectations.

On Tue, 01 Feb 2005 12:39:39 GMT, "NOYB" wrote:


wrote in message
oups.com...
NOYB wrote:

If you guys keep screwing with US economic data, the next time there's

another errant friendly-fire incident, it might happen just North of
our
border...instead of in Afghanistan.

************************************************* ****

Now that makes sense. Go kill some Canadians because you believe they
"screwed with our economic data" to make Bush look even worse than
usual.

They let you practice medicine?
-----------------------------------------------------------------------------

They let you converse with real adults?

One day you'll recognize the difference between when I'm serious and when
I'm talking tongue-in-cheek.



Maybe, just maybe, Chuck's comment to your tongue-in-cheek was a
tongue-in-cheek reply? That *could* be, couldn't it?

Only The Shadow knows for sure.

John H

On the 'PocoLoco' out of Deale, MD,
on the beautiful Chesapeake Bay!

"Divide each difficulty into as many parts as is feasible and necessary to resolve it."
Rene Descartes

"JohnH" wrote in message
...
On Tue, 01 Feb 2005 12:39:39 GMT, "NOYB" wrote:


wrote in message
roups.com...
NOYB wrote:

If you guys keep screwing with US economic data, the next time there's

another errant friendly-fire incident, it might happen just North of
our
border...instead of in Afghanistan.

************************************************ *****

Now that makes sense. Go kill some Canadians because you believe they
"screwed with our economic data" to make Bush look even worse than
usual.

They let you practice medicine?
-----------------------------------------------------------------------------

They let you converse with real adults?

One day you'll recognize the difference between when I'm serious and when
I'm talking tongue-in-cheek.



Maybe, just maybe, Chuck's comment to your tongue-in-cheek was a
tongue-in-cheek reply? That *could* be, couldn't it?

Hmmmm. Interesting concept...but not likely. Chuck always puts ;-) after
his statements that are meant to be tongue-in-cheek. I purposely almost
never use them.

On Tue, 01 Feb 2005 13:27:43 GMT, "NOYB" wrote:


"JohnH" wrote in message
.. .
On Tue, 01 Feb 2005 12:39:39 GMT, "NOYB" wrote:


wrote in message
groups.com...
NOYB wrote:

If you guys keep screwing with US economic data, the next time there's

another errant friendly-fire incident, it might happen just North of
our
border...instead of in Afghanistan.

*********************************************** ******

Now that makes sense. Go kill some Canadians because you believe they
"screwed with our economic data" to make Bush look even worse than
usual.

They let you practice medicine?
-----------------------------------------------------------------------------

They let you converse with real adults?

One day you'll recognize the difference between when I'm serious and when
I'm talking tongue-in-cheek.



Maybe, just maybe, Chuck's comment to your tongue-in-cheek was a
tongue-in-cheek reply? That *could* be, couldn't it?

Hmmmm. Interesting concept...but not likely. Chuck always puts ;-) after
his statements that are meant to be tongue-in-cheek. I purposely almost
never use them.


Oh well. Just trying to do my bit to maintain 'group harmony'.

John H

On the 'PocoLoco' out of Deale, MD,
on the beautiful Chesapeake Bay!

"Divide each difficulty into as many parts as is feasible and necessary to resolve it."
Rene Descartes

NOYB wrote:
"basskisser" wrote in message
oups.com...

NOYB wrote:
wrote in message
ups.com...
NOYB wrote:

If you guys keep screwing with US economic data, the next time
there's

another errant friendly-fire incident, it might happen just North
of
our
border...instead of in Afghanistan.

************************************************** ***

Now that makes sense. Go kill some Canadians because you believe
they
"screwed with our economic data" to make Bush look even worse than
usual.

They let you practice medicine?


-----------------------------------------------------------------------------

They let you converse with real adults?

One day you'll recognize the difference between when I'm serious
and
when
I'm talking tongue-in-cheek.

Nice squirming. You've learned well from your right wing propaganda
pushers.


Frankly, I expected better from Chuck. But you, basskisser, continue
to
perform right at my expectations.

Thank you! I AM quite good at catching that right wing spinning.
Actually, it's quite easy to spot. Just watch someone like you, who's
learned from Rush and Hannity, and also from BushCo, and you'll see
that every time you're called to the mat on something that is either
not true or way out of proportion, the spinning starts.

"NOYB" wrote in message
news .. To our surprise, the market completely ignored Canada's admission to
underreporting US imports in
the month of November. If you recall, the US trade deficit widened to a
new
record in November. Such an error by Canada would mean that deficit was
much
narrower than expected. In fact the US Commerce Department said that the
Canadian error could add as much as 0.5% to US Q4 GDP, which could boost
Friday's release to 3.6%.
snip

***The original gap was probably accurate...we pretended to admit a mistake
as a deal with Bush...if he promised not to bully us on the missle defence
plan. ***

If you guys keep screwing with US economic data, the next time there's
another errant friendly-fire incident, it might happen just North of our
border...instead of in Afghanistan.


***Carefull,..with all the snowbirds in Florida this time of year, we could
arrange to send your Yankee butt back
to Jersey! :-) ***