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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	4/11/2001 12:29:54 AM
From: Devin123	of 37746

Wow, for a minute there I thought we were headed for disaster: National Recession Arbiter Says Data Don't Necessitate Meeting By GREG IP Staff Reporter of THE WALL STREET JOURNAL WASHINGTON -- Debate is raging over whether the U.S. is in a recession or on the verge of one, but the official arbiter doesn't think it's even worth investigating yet. "Nothing in the data is yet anywhere close to the point that the [National Bureau of Economic Research] would investigate whether a peak occurred in late 2000," Robert Hall said in a memo to be posted on the organization's Web site. As chairman of the NBER's business cycle dating committee, his opinion matters. interactive.wsj.com Maybe the Fed doesn't have to cut interest rates any after all? lol. no wait, that wouldn't be good ... or would it? I'm confused. My real opinion is that all hinges on GE and what their numbers and future outlook is pre-market Thurs. morning. Nothing up until then will be as telling.

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