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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: johnd who wrote (50737)10/6/2000 12:59:27 PM
From: Dan Spillane  Read Replies (1) | Respond to of 74651
 
Exactly like October 1998. The news is trumpeting the OPPOSITE of reality. "Inflation fears" and "recession fears" at the same time unemployment is at a low, AND wages have gone up LESS than expected?

"The U.S. unemployment rate sank back to its 30-year low of 3.9 percent in September" (Recession??!?)

"Average hourly earnings, a gauge of wage inflation, rose a modest 0.2 percent in September versus Wall Street forecasts for a 0.3 percent rise. The average workweek for private-sector" (Inflation?!?!?)

biz.yahoo.com