Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (26099)	12/14/2002 12:01:39 AM
From: elmatador	Read Replies (1) of 74559

U.S. stocks slip on global jitters and poor economy 14 December, 2002 05:07 GMT+08:00 NEW YORK (Reuters) - Rising global tensions and a hazy corporate profit picture soured Wall Street sentiment on Friday, helping drag the market down to its second straight week of losses. BUT LOOK HERE! Consumers' moods brighten as U.S. prices decline 14 December, 2002 00:48 GMT+08:00 By Mark Egan WASHINGTON (Reuters) - U.S. consumer optimism brightened in December, brushing back concerns about possible war with Iraq and rising jobless rates, and boosting hopes for a joyous holiday shopping season. A series of private and government reports on Friday offered hints of better economic prospects ahead as wholesale prices remained well in check in November, and a closely watched gauge of consumer confidence moved higher this month. COMMENTS: Is this an anomaly or what???

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