Jim, Re: the market>U.S. Economic Growth in the Fourth Quarter Likely Stronger Than Reported. Sun, 20 Feb 2000, 5:10pm EST
Full story>http://www.bloomberg.com/bbn/topsum.html?s=4532e99da38a1869562f2d533258095b
By Vincent Del Giudice, Alex Tanzi and Terry Barrett
New GDP Number Seen Outpacing 1st Report: U.S. Economy Preview
Washington, Feb. 20 (Bloomberg) -- The U.S. economy was
probably stronger than previously reported in the last three
months of 1999, and figures to be released this week could even
show the economy grew at 7 percent rate for the period, analysts
said.
Gross domestic product, the nation's total output of goods
and services, probably grew at a revised 6.2 percent at an annual
rate in the fourth quarter, analysts said in a Bloomberg News
survey. That's up from the government's initial estimate of a 5.8
percent advance, also at a yearly pace.
With exports, imports and inventories on the rise, growth
could have been even greater, said some analysts.
''There were no soft spots in the U.S. economy in the fourth
quarter,'' said Joel Naroff, president of Naroff Economic Advisors
in Holland, Pennsylvania. ''The economy was hitting on all
cylinders.'' That's why a 7 percent growth rate for the quarter
''is clearly not out of the question,'' he said. The outlook also
points to a strong first half of the new year, Naroff said.
And here are my market thoughts posted yesterday>https://www.siliconinvestor.com/readmsg.aspx?msgid=12919624
In the face of this, over the last 3 months, small cap stocks that I have picked as what we call Ratdog's, have done at the worst +300%, and at best some warrants on a few have zinged from 6-12 cents to 4-6 dollars...(ARIAW, JMARW)
One of the threads favorites, PARA, now changed to FIVE, which we have played for the last year, zoomed from our last near bottom buy of 1.50 to an intra-day of $15.25 Friday, for a 1000% 40 day return... |
