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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (172539)7/25/2003 11:07:25 AM
From: tejek  Read Replies (2) of 1574796
 
John,

To change the subject slightly, what's your take on the economy. I was surprised yesterday that the bonds didn't react negatively to the good unemployment news........unemployment claims dropped below 400k, first time in months. In fact, they rallied, suggesting that bond traders don't see the economy improving any time soon. On the other hand, until recently, the stock market had been acting like a recovery is eminent and now seems uncertain.

Personally, I don't see how things can get better significantly with oil trading at $30 and geopolitical factors still destabilized. Any thoughts?

ted
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