SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: UnBelievable who wrote (31852)10/27/2000 8:48:45 AM
From: UnBelievable  Read Replies (3) | Respond to of 436258
 
Would Someone Explain To Me Why Futures Are Rising On This News

The Commerce Department said Friday economic growth increased at an 2.7% annual rate in the third quarter, down from the blistering 5.6% pace seen in the previous quarter and posting its slowest rate of growth since the second quarter of 1999.

Inflation, as measured by the Fed-favored price index for consumer spending, crept upward, rising at an 2.2% pace from the second quarter's 2.1% rate.



To: UnBelievable who wrote (31852)10/27/2000 9:02:12 AM
From: Earlie  Respond to of 436258
 
Un;

Note once again the growth in inventories. Yuk.

PC sales revs have been really ugly of late. So much so that its "contribution" to the GDP number is not providing its normal lift, even with "hedonic" pricing.

Man, I hope the sheep don't dig too deeply into this today. If they do, this rally (needed for replenishment of put positions) may be short-lived.

best, Earlie



To: UnBelievable who wrote (31852)10/27/2000 10:06:50 AM
From: Lucretius  Respond to of 436258
 
yea, that's exactly what we wanted ot see... STAGFLATION