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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 334.92+1.5%Nov 10 4:00 PM EST
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To: Justa Werkenstiff who wrote (88)7/6/2000 3:09:38 PM
From: MrGreenJeans  Read Replies (1) of 10065
 
Slowdown is Here

Looks like a mixed picture with some data showing slowdown and other data showing no such deal. Growth issue is whether economy is slowing sufficiently and whether slowdown is sustainable.

...at least that is what I am convinced of and without a recession in sight as well. Whether or not the unemployment numbers tomorrow morning point to an ongoing slowdown or not the Federal Reserve and the rest of us have still not felt the last two or three interest rate hikes which are filtering their way into the economy one of which was a 1/2 point increase.

Further, it is becoming evident that the Federal Reserve also sees a slowdown and that it is for real. By stating that their were tentative signs of a slowdown in their last statement they obviously did not want to fuel the financial markets by stating the obvious.

My guess no rate increase in August and none at least until the end of this year.
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