Complacency Indexes Message Board

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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject	4/30/2002 7:24:59 PM
From: TechTrader42	Read Replies (1) of 1487

On 5.8 percent growth: nytimes.com "And more than half of that 5.8 percent growth was just inventory bounce. Final sales actually grew only 2.6 percent, slower than in the previous quarter. And even that growth rate may not be sustainable: home construction soared, partly because of unusually warm weather, but there are already signs that the housing market is cooling off. Meanwhile, business investment, weighed down by excess capacity and weak profits, actually declined. In short, there is nothing in the data to suggest that a great boom is imminent."

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