Inflation?
Well, we can forget about inflation, there is no sign of that on that horizon, which will clear the path for more interest rate reductions by the Federal Reserve.
The Consumer Price Index rose by only 0.3% in April as clothing costs felt their steepest decline since Harry Truman was President and computers are costing you 26% less than they did a year ago. If it wasn’t for energy, tobacco and medical care, we would have actually seen a drop in overall consumer prices.
If consumer prices are indeed scaling back, look for the cost of borrowing money to drop as well. We have already seen what the Fed’s interest rate cuts have done for the stock market;
some micro-caps are soaring and the Dow closed above 11,000 for the first time in eight months and is actually only about 400 or so points away from an all-time high. Remember the
term, “a new Dow record?”
Analysts agree that the stock market almost always leads an economic rebound. Many people are now saying the threat of a recession may actually be dimming as more and more people
regain confidence in the economy and the market.
Hollywood, CA-Emerging Company Report is the nationally syndicated television program profiling emerging-growth companies (http://www.emergingcompany.com), featuring
informative interviews with the CEOs, insights into their operations and outlooks for their futures.
Featured companies on this week’s edition include;
David Duval, Executive VP of Fairchild International Corporation (OTC-BB: FRCD) described his company as a mining exploration organization with its primary focus on diamonds and
other precious metals in the Canadian province of Manitoba. “It is considered by some mining groups to be one of the most promising diamond plays in the world”, said Duval, “with
such giant mining companies as DeBeers, BHP Diamonds, Kennecott, WMC International and Falconbridge Nickel actively exploring.” Fairchild International has acquired claims
covering some 280,000 acres in the area where there are indications of diamonds and platinum group metals.
Mark Bush, President of Touchstone Resources, Ltd. (CDNX: TUT.V) announced their North Hell Hole Prospect has spudded and drilling operations are under way.
Dr. John Whitney, CEO of Itronics, Inc. (OTC-BB: ITRO) reported a 27.2 percent revenue increase compared to the same period in 2000.
Free information packages from the featured companies can be requested by sending an email to info@emergingcompany.com.
Viewers of Emerging Company Report can receive free information in the mail about featured companies by calling the toll-free phone number on their TV screen. The weekly television
program debuted in 1996 and is seen nationally on Friday evenings at 11:00 ET, 8:00 PT, Saturdays at 4:00 PM ET, 1:00 PM PT and Sunday mornings at 11:00 ET, 8:00 PT. It also airs
in New York on Thursdays at 11:30PM and Saturdays at 6:00PM. The program is broadcast to over 30 million cable TV homes in more than 300 cities nationwide.
A complete menu of cable TV channels is available at the Emerging Company Report web site,
emergingcompany.com, where the weekly program may also be viewed "On-Demand" on any computer .
Emerging Company Report television program, Copyright 2001, all rights reserved. Emerging Company Report does not provide an analysis of companies' financial positions and is not
soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their stocks. Information discussed herein has been provided by
the companies and should be verified independently with the companies and a securities analyst. Emerging Company Report has been paid a cash fee of $11,500.00 by the featured
companies, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies and the information herein is not an
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