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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (39635)	2/10/2000 5:03:00 PM
From: Haim R. Branisteanu	Respond to of 99985

Less, the market had set a new record I think at $17.5 it is twice the US GDP. The outlook for 1999 is for GDP growth somewhat below 1998's, continued low inflation, and about the same level of unemployment. Two shadows for 1999 are the severe financial crises in East Asia and Russia and the exuberant level of stock prices in relation to corporate earnings. GDP: purchasing power parity—$8.511 trillion (1998 est.) GDP—real growth rate: 3.9% (1998 est.) from CIA Fact book. Haim