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Economic Statistics for 9 Mar 14

The MBA reports that mortgage applications fell -1.6% last week. Purchases were up 3.0$% but re-fis fell 5.0%.

Wholesale inventories rose 0.5% in march, while a 0.7% rise in wholesale sales kept the stock-to-sales ratio at a chubby 1.19.

Yes, it has been a boring week for economic data.

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