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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (49653)12/11/2000 11:24:39 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Global Economic Growth Report

In its annual Global Economic the World bank said last Tuesday that
while many developing countries could see the fastest growth in a decade, some
of the world's poorest countries are hampered by industrial nations', US, trade barriers,
further widening the gap between rich and poor.

The report forecasts world economic growth of 3.4 percent in 2001, up from a
March forecast of 3.1 percent, and predicts growth of 3.2 percent in 2002, up
from an earlier 3.1 percent prediction.

It also projects U.S. economic growth of 3.2 percent in 2001, down from a rapid
5.1 percent in 2000, before slowing further to 2.9 percent in 2002. In March, the
bank forecast U.S. growth of 2.7 percent and 2.8 percent for 2001 and 2002,
respectively.

Regional forecasts

Growth is expected to be strongest in developing countries, where the bank
sees economic expansions of 5.0 percent in 2001, up from an earlier 4.8
percent estimate, and 4.8 percent in 2002.

The report also contained the following regional growth forecasts:

East Asia and Pacific of 6.4 percent in 2001 and 6.0 percent in 2002.
Europe and Central Asia of 4.3 percent and 3.9 percent in 2001 and
2002.
Latin America and the Caribbean of 4.1 percent and 4.3 percent in 2001
and 2002.
Middle East and North Africa of 3.8 percent and 3.6 percent in 2001 and
2002.
South Asia of 5.5 percent in both 2001 and 2002.
Sub-Saharan Africa of 3.4 percent and 3.7 percent in 2001 and 2002.

The bank credited the positive prospects for developing countries to many
nations' adoption of reforms to cut inflation, increase global integration and
improve the health and education of their citizens. But, despite those
improvements, further inroads into poverty reduction face significant risks, the
report warned.

Positive reforms

"The prospect for growth in the next 10 years are better than they have been; in
the developing world, than they have been over the past 30 years," World Bank
Chief Economist Nick Stern told a news briefing at the bank's headquarters in
Washington.

But he warned developing countries still face significant risks, including the
potential for further financial market volatility, an abrupt slowdown in U.S.
growth, sharp changes in oil prices and a failure to deepen domestic reform.

While greater growth has helped many regions grow per capita incomes faster
than in industrial countries, Stern said raising incomes in Africa remains a
major challenge if poverty is to be significantly reduced in the years ahead.

The report suggested the world economy, forecast to grow 4.1 percent this
year, likely approached a cyclical high in 2000, boosted by strong U.S. growth,
a recovery in Japan and Europe and a sharp rebound of emerging economies.

Liberalized trade

The report forecasts that global trade volumes will post a 12.5 percent increase
in 2000, the largest such jump since before the first oil shock of the 1970s. And
while trade volumes are predicted to grow by 8.0 percent in 2001 and 6.8
percent in 2002, many of the world's poorest countries have not kept pace.

While most developing economies
significantly liberalized their trade
regimes during the 1990s, trade
barriers among rich nations for agricultural products, textiles and other products
remain high. Stern estimated the cost of those trade barriers at about $100
billion annually, twice as much as aid flows to poor nations.

"These trade barriers act as a major roadblock for developing countries wanting
to get greater quantities of their textiles and agricultural goods into the lucrative
import markets of industrial countries," said Uri Dadush, director of the bank's
Economic Policy and Prospects Group.

Stern said that industrial countries have encouraged developing nations to
liberalize trade while maintaining their own trade barriers. He called such
actions "hypocrisy."

Oil prices seen falling

The report also forecasts the price of oil falling from the highs seen earlier this
year to $28 a barrel for 2000, $25 a barrel in 2001 and $21 a barrel in 2002. But
the report warns that worst case scenarios, such as an unusually cold winter,
could temporarily spike prices as high as $50 a barrel.

"Prices are expected to average about
$18-19 per barrel for the rest of the
decade, as technological
improvements boost energy
production and conservation efforts
continue," the report said.

The report characterized the effect of
the Internet on the world economy as
"globalization on steroids." While the information age promises enhanced
global growth, it brings with it the risk of economic marginalization for
developing nations that cannot access it effectively.

"The challenge for developing countries is to realize the remarkable promise of
the Internet in driving economic growth, and to prevent the digital divide from
widening," the report said, adding that a well-educated work force and a strong
telecommunications sector are needed to fully realize gains from the Internet.
CNN (Dec 5, 2000)

" Third World Debt Repayment Transfer To Health and Education Needed

The UN estimates that 7 million children's lives could be saved each year if resources used for paying debts to rich Northern Countries were instead invested in health and education.

Skeet "



To: William H Huebl who wrote (49653)12/12/2000 9:31:47 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Bill ..... Analysis of end of Day Closing prices and recommendations in
Summers & Uncle Al Tulips Market,or the Den of Thieves & Swindlers

This is the most effective list, but validate signals. Results
are relative to the SPX and move relative to the SPX - Haim
see more data & info including stock charts from this scan at:
home.nyc.rr.com
and also see Today Charts who are updated every several days

Today is 12/11/100 Remember this is a computer scan only

S&P Closed 1380.20
S&P Change 10.300

Recomandation Price Stoch. RSI RSI RS
Change ROC%

BUY SIGNAL ON AAPL 15.188 14.393 32 0 6
BUY SIGNAL ON ANN 21.500 10.958 34 2 43
BUY SIGNAL ON CHV 81.500 24.433 43 0 117
BUY SIGNAL ON CRUS 24.250 13.350 39 11 172
SELL SIGNAL ON HD 45.125 88.256 60 -8 -23
SELL SIGNAL ON MO 39.000 85.425 61 -4 -1
BUY SIGNAL ON MSFT 58.063 14.793 42 7 10
BUY SIGNAL ON OIL 24.313 15.303 39 5 7
SELL SIGNAL ON PDG 9.250 86.682 53 -8 -71
BUY SIGNAL ON GTW 17.520 2.999 20 0 4
BUY SIGNAL ON AMZN 25.313 30.591 45 4 9
SELL SIGNAL ON NT 43.000 80.469 52 0 -42
SELL SIGNAL ON AIG 100.063 85.623 56 -12 -10
BUY SIGNAL ON INIT 6.875 26.882 47 2 0
BUY SIGNAL ON RNWK 14.500 33.418 42 0 7