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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: JF Quinnelly who wrote (67268)9/5/1999 1:29:00 PM
From: Knighty Tin  Respond to of 132070
 
JF, One that stuck out immediately is Yardeni's willingness to accept chained dollar growth in GDP computation, though that is a make believe number that adds nothing to eps growth. So, when he says that cos will have trouble growing at 15-16% when the economy is only growing at 3-4%, he is using an overstated number for GDP growth. So, the cos. will have MUCH more trouble than he expects.