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Re: Tonew post# 2540

Friday, 04/17/2009 4:54:46 PM

Friday, April 17, 2009 4:54:46 PM

Post# of 12137
Absolutely. These are results of a slowing economy and this has in turn slowed our progress. I'm sure our potential clients had to get into mitigate mode and look out for themselves before they could proceed with any kind of new endeavors.

On the economic side, next week’s data calendar is oriented toward demand, specifically demand for big ticket items; houses and durable goods (those with a lifetime of three years or more). There are no Treasury coupons to be issued this week, but two Federal Reserve buy-backs are scheduled. Beginning the last week of April, the supply-demand dynamics will change with a heavy new issuance calendar. Scheduled Fedspeak is limited in the final full week before the April 28th-29th FOMC meeting.

Monday Leading Economic Indicators
Thursday Weekly Jobless Claims, Existing Home Sales
Friday Durable Goods Orders, New Home Sales
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