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


To: Haim R. Branisteanu who wrote (54166)6/14/2000 10:01:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Haim, it is clear that the BS emanating from BLS is finding less and less takers.
funny enough, CNBS didn't manage to ferret out a single skeptic. all day long i heard people gushing about how the latest data 'prove' how a-ok everything is.

it will be a great disservice to the country if this nonsense were to continue unchallenged. after all, without reliable data from the government, how can businessmen, or the Fed for that matter, arrive at proper, well founded decisions?

there's also the danger that foreign investors may be put off...considering the size of the current account deficit, this danger is not to be underestimated.

regards,

hb