FED TALK Message Board - Msg: 14240920

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 : FED TALK

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kelvin Taylor who wrote (23)	8/19/2000 9:34:56 AM
From: Jeff Jordan	Read Replies (1) of 94

Well, I'm glad to see the Fed rate hike cycle is coming to an end...it has made for a volatile stock market....I'm really happy that the rate hike cycle has not killed the economy and will be looking for a rate cut hopefully late spring? It will be about 3-4 mos. before the last .50 increase will be felt. The economy is in fine shape and I am looking forward to a Republican white house. Tax relief!!!hopefully some of the increasing gas tax... I really hope the market can now calm down and volatility of the past 6mos will be less. Looking forward for a nice run into the election. The U.S. government posted a $4.76 billion surplus in July, as it moved steadily toward recording a third straight annual budget surplus, A report from the Treasury Department showed the July surplus contrasted sharply with a year earlier in July 1999, when the budget was in deficit by $25.16 billion. In the first 10 months of fiscal 2000, which ends Sept. 30, the U.S. recorded a surplus of $180.97 billion. That’s more than twice the $69.12 billion surplus in the comparable period a year earlier. Consumer Sentiment Falls In First Report For August The University of Michigan’s preliminary index stood at 107.8, down from July’s final report of 108.3. But the index is still higher than the 104.5 registered in the final August report of 1999. The preliminary current conditions index fell to 112.9 from 114.2, and the expectations index was unchanged at 104.5. Consumer confidence is an important gauge of future consumer spending. Consumer spending accounts for two-thirds of gross domestic product.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next