SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-23.5%Nov 7 11:47 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: blake_paterson who wrote (23731)11/1/1998 12:52:00 PM
From: blake_paterson  Read Replies (1) of 45548
 
And now some speculation that the Fed might not cut rates (from Vectorvest) on Nov 17:

" I'm not an economist, but there are certain
things that I watch to sense the pulse of the economy. Three
of them are auto sales, housing starts and new orders for
durable goods. Auto sales and new housing starts are the big
engines that drive the economy. New factory orders for durable
goods is an indication of future manufacturing activity. The
economy will be OK as long as these factors hold up.

Auto sales have been robust and are expected to hit an
annulized rate of 16 million in October. When sales of cars
and trucks are robust, so are the workers jobs. These people
stimulate the economy by purchasing all manner of goods and
services. New housing starts hit record highs back in June
and July, but have slipped since then. Nevertheless, the time
involved to build and furnish new homes means that the economy
will remain solid for many months to come. New orders for
durable goods rose smartly in September propelled by strong
demand for electronic equipment, household appliances and
industrial machinery. This means that our factories will be
busy for a while yet.

The good news is that Gross Domestic Product grew at a healthy
3.3% pace in the last quarter. The bad news is that a solid
econony may cause Dr. Alan Greenspan, Head of the Federal
Reserve Board, to defer lowering interest rates again as has
been anticipated. So what will it be at the next meeting of
the Federal Open Market Committee...Trick or Treat?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News