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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (31837)6/13/2000 1:12:00 PM
From: Lee  Read Replies (1) of 50167
 
Hi Ike,..Re:.if we get too strong or too weak a number in both case we will see a sell off, as too weak a number would be interpreted as number imapcting corporate profits so in a environment where earnings pre-announcments are a regular feature that may impact some stocks we are looking at an ideal scenerio modestly strong economy that can be errorneously termed as strong with a short term selling impact

Great insight Ike! This whole retail numbers game might just be seasonal too, especially if we look at Q2 GDP for the last 2 years.<g> And, heard on CNBC yesterday that the earnings warnings are down when compared with previous quarters.

stls.frb.org

Best,

Lee
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