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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (6355)	7/7/1999 6:59:00 PM
From: Cheeky Kid	Respond to of 9818

Economists Expect Strong Growth For 1999 But Are Mixed On 2000 dowjones.wsj.com >>"The U.S. economy is doing very well and is just roaring along." Such sentiments are a far cry from six months ago when many economists believed, mistakenly, that international financial turmoil and weak stock prices would cause the U.S. economy to slow during most of 1999. Others believed the economy would be weighed down by a profit squeeze and a slowdown in capital spending. But again, economists underestimated consumers' spending power and overestimated the impact that global financial problems can have on an economy as large and dynamic as that of the U.S. It appears that economists have decided it's time to stop betting against the economy.<<