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


To: DiB who wrote (25119)12/14/2000 5:45:16 PM
From: limtex  Read Replies (1) | Respond to of 65232
 
D last time I heard it is still growing in excess of 2%...

That is the whole point, 'The last time I heard'. Around the worold economies are sreamingto a halt and in the US the slowdown iscomingon very very quickly and massively, just see the Gateway commentaries. One day they were OK and the next their sales collapsed.

Smashing economic growth is much easier than building it and economies fall apart much more quickly than they grow.

Look at todays warnings from the financial sector. That is very bad news especially as they warn of potential problems for European banks a potenital for their US corporate borrowers defualting.

IE this thing is getting worse by the day.

Best regards,

L