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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (49937)	3/5/1999 4:14:00 PM
From: valueminded	Read Replies (3) of 132070

Mike/All The report I read looked like a good report. Where do you get the economy sucks ? Our dollar is highly valued in world economy,(despite our printing presses working overtime) our wage inflation was low, unemployment is stable and low. 275k new jobs added last month. Most of this looks good to me. Now ask me if it is a reason for stocks to explode to the upside (my put portfolio has been severly damaged yesterday and today) and I would say no. But as far as an economic report, it is great news. Additionally, we have managed to convince Japan that a weak yen and a poor outlook is good for their economy.

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