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

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To: Bucky Katt who wrote (9597)8/31/2001 12:50:48 PM
From: James Strauss  Read Replies (1) of 13094
 
French jobless ranks grew at the fastest pace in more than five years in July while Italian and Spanish factories cut prices, further signs economic growth has stalled in Europe. Finland's economy slipped into recession. Paris, Aug. 31 (Bloomberg)

The reports fuel expectations the European Central Bank will pare interest rates again after lowering its benchmark interest rate a quarter point to 4.25 percent yesterday. ECB President Wim Duisenberg said the U.S. economic slowdown is worse than expected and predicted inflation will slow.


William:

If the EU continues restricting companies like GE/Honeywell from merging, and Microsoft from trying to be competitive, they can expect more of the same... We may have to send you over there to give them some some good old fashioned Rat Dog philosophy... : >

Jim
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