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COPYRIGHT 2003 FDCH e-media
Original Source: CNN MONEY MORNING
KATHLEEN HAYS, CNNfn ANCHOR, CNN MONEY MORNING: It may be the day before Thanksgiving but so many economic reports out today and many of them very positive. Let`s get the reaction to what we`ve just - what`s behind us and what`s ahead of us from John Brady of Man Financial.
Good morning, John.
JOHN BRADY, MAN FINANCIAL: Good morning.
HAYS: So these are much stronger than expected orders on durable goods and manufacturing leading indicator. A little more improvement in the job market because there were fewer people claiming jobless benefits. Now spending was flat. That was the bad news. What are you taking away from these reports and how is it effecting the stock market this morning?
BRADY: Well, the durable goods numbers, some of the subcomponents of the durable goods numbers were exceptionally strong. Specifically, to make a long story short, it shows that businesses are still spending money and investing in technology.
If the economy recovers, technology spending is...
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