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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (4174)11/19/2001 9:50:17 AM
From: Paul Shread  Read Replies (1) of 36161
 
Iso,

The one thing I've never seen mentioned anywhere is that every single month of big retail sales gains in the last year have come during a strong rally in the stock market. Every single one, and there's only been three this year, July, April and October. It's some sort of wealth effect, a brief uptick in confidence.

This the reason why GDP was "better than expected"? washingtonpost.com

See this? capitalstool.com

Best,

Paul
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