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*We were unimpressed by the amount of change in this FOMC report versus the last report.
*The market (short squeeze) was very excited about the jobs change on July 8th. We're still not.
*We think the Fed's language could mean that GDP continues slow.
*That would be a stock market negative.
*Oh by the way we'll know about GDP on Friday.
Chaim Siegel has been working with hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings and earnings events as well as developing current company stories with a hedge fund perspective. If you want his analysis real time sign up to the right for real time email alerts. #in, $spy, $qqq, $iwm, $vxx, $ycs, $fxe, $EUO, $YCS, ^GSPC, INDEXSP:.INX, #elazaradvisorsllc, CME Globex: ES
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