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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (10316)1/17/2001 7:42:12 PM
From: Sam  Read Replies (2) of 30051
 
Beige Book econospeak, sounds pretty grim:

federalreserve.gov

Some headlines:

13:59 FED: FACTORIES HIT ACROSS THE NATION WITH HIGH INPUT COSTS, STRONG DOLLAR, WEAK DEMAND

13:59 FED: BANKS CLOSELY WATCHING CREDIT DETERIORATION, TIGHTENING CREDIT STANDARDS

13:59 FED: WAGE PRESSURES STEADY OR DOWN SLIGHTLY; MANY LAID-OFF WORKERS FINDING JOBS

13:59 FED'S BEIGE BOOK: SLOWING HAS EASED LABOR SHORTAGE SOMEWHAT, LIMITED PRICE PRESSURE

13:59 FEDERAL RESERVE SAID ECONOMIC GROWTH SLOWED THROUGHOUT NATION IN DECEMBER
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