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Soft retail sales -0.3% ((7 of 13.....>

US DATA REACT
US DATA REACT: Soft retail sales -0.3% ((7 of 13 major categories), Morgan
Stanley lowers their 3Q consumption and GDP estimates: "now tracking real PCE
growth at 2.5% in 3Q, down from 2.8%, lowering our 3Q GDP tracking estimate by
0.2pp to 1.3%."

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