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Dear R. Hunter,

I recently posted two blog entries

https://www.davidhaleweb.com/blog?wv_name=R. Hunter+Biden?wv_name=R. Hunter+Biden&wv_email=hbiden@rosemontseneca.com?wv_name=R. Hunter+Biden&wv_email=hbiden@rosemontseneca.com

for subscribers on our new website

https://www.davidhaleweb.com/?wv_name=R. Hunter+Biden&wv_email=hbiden@rosemontseneca.com

analyzing yesterday's European Central Bank actions, as well as
forecasting similar actions by the Bank of Japan. I predict both banks
will continue to ease monetary policy this year.

You can access these posts at the following links:

The European Central Bank resists deflation, but QE is still likely

https://www.davidhaleweb.com/the-european-central-bank-resists-deflation-but-qe-is-still-likely?wv_name=R. Hunter+Biden&wv_email=hbiden@rosemontseneca.com

Why I thought the yen would drop and the Japanese stock market would
rally back in 2012, and why this could happen again

https://www.davidhaleweb.com/why-i-thought-the-yen-would-drop-and-the-japanese-stock-market-would-rally-back-in-2012-and-why-this-could-happen-again?wv_name=R. Hunter+Biden&wv_email=hbiden@rosemontseneca.com

I will also be writing a blog entry on today's employment report later
this afternoon.

If you have not yet registered for website access, please contact our
director of research, Mark Zoff , and he will be pleased to send you the
access code for your organization.

A new feature for registered users only: you may now comment directly
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assigned number that is unique to you. I will do my best to respond to
questions, and look forward to beginning online discussions with our
subscribers.

With all best wishes,

David Hale

Chairman

David Hale Global Economics, Inc.

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