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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: FaultLine who wrote (21404)	12/1/2000 2:52:18 PM
From: surfbaron	Read Replies (1) \| Respond to of 65232

CrackMan: Touche'. I love this stuff. I think we are in for more surprises come Dec 12. My all time favorite outcome would be for Gore to have to choose between whether to vote for Leib thereby giving the Senate control to the Reps or his adversary. I can envision the ANGST inside him. I just love it. What a country!

To: FaultLine who wrote (21404)	12/1/2000 3:02:35 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

Fed Gov Bramlee said today "risk of economic slowdown now outweighs risk of inflation" yday Fed Gov Poole said something like "if and when the the stock market decline begins to affect spending and generally the economy, the Fed will respond by lowering interest rates" past pattern: after three consecutive NAPM readings under 50, the Fed has cut interest rates by the next quarter NAPM went from 48.3 in Sept to 47.7 in Oct, reported today I believe Aug NAPM was under 50 NAPM under 50 means reduced mfg activity I have a big complaint with national econ data it should include Mexico and Canada since NAFTA, our labor market and mfg capacity is of continental proportions, not national after 1995 NAFTA was signed, our unemploymt went under 5% even as inflation dropped or stayed even that is the effect of Mexican labor it must be factored, but Phillips Curve dont factor it I realize the Fed doesnt have complete access to Mex and Canada data positions are changing on the Fed Board / Jim