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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Crimson Ghost who wrote (7085)5/26/2004 9:29:43 AM
From: mishedlo  Read Replies (1) of 116555
 
Growth signals turn Yellow

Lakshman Achuthan at the Economic Cycle Research Institute in New York ... says the U.S. economy is on track to slow dramatically over the next three to six months.
...the economy is on the cusp of a transition from an acceleration to a deceleration phase ... if it occurs the Federal Reserve may not have to raise its interest-rate target as fast as the consensus now believes. But it's not so good if you're an entrepreneur who's considering doubling the size of your factory on the belief that consumers will keep spending over the next six months like they spent over the last 12 months.

moneycentral.msn.com
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