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To: pater tenebrarum who wrote (51614)	12/27/2000 3:11:51 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 436258

How do the p/c ratios look now?

To: pater tenebrarum who wrote (51614)	12/27/2000 3:12:48 PM
From: Cynic 2005	Read Replies (3) \| Respond to of 436258

RECESSION NOT AROUND THE CORNER Goldstein said with consumption continuing to grow, it is highly unlikely that the world's largest economy would trip into a recession, or even drop to an anemic and painful 1 percent level of growth, anytime soon. ``It's slower and it's going to be slower but we are not in and we are not close to being in a recession,'' he added. In its regular statement issued after the rate-setting Federal Open Market Committee meeting on December 19, the U.S. Federal Reserve shifted its policy stance significantly -- scrapping its 18-month-old warning that inflation posed the greatest threat to the U.S. economy and saying that the larger risk was one of excessive weakness. biz.yahoo.com