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- Nomura on Philly Fed index
Nomura on Philly Fed index
Nomura says Philly Fed index surged 16.6 pts in Feb to a 7yr high of 35.9 and shows "significant and broad based gains across nearly all dimensions of economic activity." But they say "a rebound from a weather related slowdown in activity accounted for much of this surprising increase," even though result is encouraging
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