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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Sergio H who wrote (9416)8/18/2001 12:39:28 PM
From: James Strauss  Read Replies (1) of 13094
 
<With fewer people working we could get artificially inflated productivity numbers.>

Well said Jim. The last productivity report did not account for the reduced workforce. It is being forecast that the next report will demonstrate reduced productivity even with reduced employment.


Sergio:

With the FED meeting this week, I wonder if they use some shock treatment with a 1/2 point cut... As you said, soon we will see higher unemployment numbers with a possibility of flat to reduced productivity numbers... They're going to need something to get investors to look beyond the current trough in the economy...

Jim
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