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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Raymond Duray who wrote (2100)	7/23/2001 11:54:19 AM
From: Chip McVickar	Read Replies (2) of 12410

Raymond, I like Baum she's a clear thinker. What drives the larger economy of the USA is Technology, Real-estate and Financial Services. And you can add a fourth in healthcare related services..,. biotech..., etc. Behind that lies manufacturing sector. Under that lies the Utility and energy supply sector. Here in the Northeast manufacturing remains strong as the nuts and bolts of everyday life continue being made, purchased, and folks are keeping their jobs. Real-estate remains very strong here in the Northeast as well....! Only the pockets where dot.coms were located have seen rental rates and real-estate values drop. Housing as an economic machine is still strong. (btw.., I expect another load of dot.coms and their relatives to get whacked in the near future) If the financial markets stumble further then this country will drop into a long term recession.

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