Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (56538)	1/10/2002 11:59:30 PM
From: Skeet Shipman	Read Replies (1) of 94695

Predictions from Dec. · Hyman think the odds the economy has already bottomed are higher than the Wall Street consensus forecasts. He's lifted his fourth-quarter GDP-growth estimate to -0.5% from -1%. "The economy was probably still in recession in November, but December should be the first month of recovery," he says. (ISI Group Summary, Dec. 10) · "Synchronized recessions in 2001 are likely to be followed by synchronized disinflation/deflation in 2002," Hyman says. The economist expects the consumer price index, or CPI, to rise less than 1% on a year-over-year basis by February. (ISI Group Summary, Dec. 10) · Helped by a ramp-up in inventories but hampered by lackluster consumer spending, GDP should grow at about a 3% pace next year, Hyman says. That would be enough to lift earnings but not to prompt excessive monetary tightening by the Federal Reserve. The recovery in 2002 "may surprise everybody by not fitting any letter…and by being steady and moderate," he writes. (ISI Group Summary, Dec. 10 and Dec. 17) What is your estimate for S&P 500 earnings for 2002 and 2003? Where is your SRPY?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next