Thursday, March 15, 2007


Strength across all boards in Asia and Europe with most markets up over 1%.

Big jump in PPI shows inflation is still an issue and limits the ability of the Fed to cut rates.

ICE makes an offer for CBOT. Expect strength in exchange stocks today.

I expect the US equities to play of the strength of the world indices. There will likely be initial weakness due to the higher than expected PPI.

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