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Technology Stocks : Dell Technologies Inc.

DELL 122.70

+0.2%

Nov 18 3:59 PM EST

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To: Rif Kamil, M.D who wrote (68767)	10/2/1998 9:33:00 AM
From: Mohan Marette	Read Replies (1) of 176387

The consumer confidence in the U.S is still pretty strong though it is down from its peak according to the Conference Board.It still stands at a fairly healthy 127 (from 133 the previous month),it gets closer to 100 or below then I'll worry. As for Canada, if your economy contracted for 2 consecutive quarters that fits the classical definition of a 'recession',doesn't matter what the Finance Minister says.Since Canada's economy is natural resources based and the commodity prices around the world are at their lowest levels in a decade or two I am afraid Canadian economy might be in a tough spot until the prices of commodities goes up again.I also hear your Central bankers weren't helping any either notwithstanding the recent cut in interest rates.

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