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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/27/2001 10:05:47 AM
From: Dave Gore   of 37746
 
GDP +2%...too good to be true? Well, I would rather have the economy be cooking better than expected than another rate cut and a recession.
This may be a harbinger of a major rally in the next few weeks if it is not revised too far downward later. I was worried about a recession and if it's not true, than I feel more comfortable investing for the longer term.

Also, heard that Europe may be able to avoid the trough we have seen in the U.S., good for many companies that do business in Europe.

Michigan Consume Conference slightly below consensus.
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