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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (24323)3/15/1999 11:18:00 AM
From: Roebear  Read Replies (1) of 50167
 
Ike,
While I have no formed opinion yet on Mr Zandi's LT rate forecast, I disagree with his view on the slowing US economy. It conflicts greatly with the Roebear Mall Indicator (RMI).
RMI indicator is near an all time high. Malls continue to look like Christmas is around the corner instead of Easter. This weekend I turned away from a computer show because it had a 1 hour line for admission 3 hours after it opened. Had to go during the snow storm Sunday to get in without a wait, but everyone else has an SUV so it was still crowded. Consequently, the RMI is forecasting a robust first quarter in the US, quite likely to continue through the second quarter. BTW got a nice refurb 21" Monitor with LT warranty for $300 and change, so I guess it was worth it.

A little local flavor<VBG>

Roebear
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