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Politics : Formerly About Applied Materials
AMAT 261.28+0.8%3:59 PM EST

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To: Big Bucks who wrote (24430)9/19/1998 4:54:00 PM
From: Gottfried   of 70976
 
BB, there's a one page table of economic projections to YE'99 on
Dr Yardeni's site. He expects a rather severe reduction in growth.
Example: personal consumption expenditures from 4.6 to 2.2%
Unemployment is expected to be around 4.5%, even though
the unit labor cost would increase at a higher rate.
The 30 year US bond would go to 4% YE'99.

He warns of possible frequent and large revisions in estimates.
Clicking here will download the table
yardeni.com

GM
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