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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (517)7/25/2000 10:36:16 AM
From: Hank Stamper  Respond to of 10065
 
Wally,
Re the consumer numbers: The conumer is feeling good. Here in Canada, the economic news has been looking better and better. Yesterday, we heard that Nortel is expanding again, Bombardier is building a new plant to take care of a huge backlog of aviation orders, and Sears Canada expects to hire 4,000 new retail workers.

Ciao,
David Todtman



To: Wally Mastroly who wrote (517)7/25/2000 12:05:19 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 10065
 
Some Greenspan headlines/quotes - from today's Q&A session:

12:02 GREENSPAN: CONSUMER CONFIDENCE INDEX STILL BELOW MAY LEVEL

11:21 GREENSPAN: I'VE CONCLUDED FED SHOULDN'T CONSIDER ASSET VALUES

11:07 GREENSPAN: FED NOT REACTING TO STOCK MARKET, BUT TO ITS IMPACT ON ECONOMY



To: Wally Mastroly who wrote (517)7/25/2000 10:26:31 PM
From: MrGreenJeans  Read Replies (2) | Respond to of 10065
 
Wally...

Concerning the economic data you posted I think we can agree the direction of the economy will be better revealed in the ECI and GDP numbers to be released later this week. It should give an indication as to whether or not the economy has or has not really begun to slow.


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