The Naked Truth - Big Kahuna a Myth Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bill meehan who wrote (71864)	10/26/1999 3:35:00 PM
From: Ken98	Read Replies (2) of 86076

It is highly unlikely that the numbers will be bad on Thurs. considering that these will be the "reformulated" numbers, specifically designed to make everyone feel warm and fuzzy: <<It sounds like stuff that only accountants could appreciate: This week the Commerce Department will change the way it measures the size and shape of the U.S. economy. But the broad results figure to be of intriguing and potentially far-reaching significance. The economy, we may learn, has been growing even faster than we had been told. Inflation, already known to be barely creeping ahead, may be moving more slowly still. And America's profligate consumers, thought to have been spending money faster than they could earn it over the past year, may be saving some of their earnings after all.>> dallasnews.com And even if the ECI comes in bad it will be ignored by everyone except the bond market. It seems that everyone is in a mad rush to embrace the "new economy" of late. First the DJI goes high tech. Next, we have at least 3 of the Fed governors today reiterating support (to varying degrees) for the "new economy" and "permanent" productivity gains. Alas, the business cycle has been banished...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next