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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (67496)	2/14/2001 8:31:05 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 436258

no more optimism here.....recession was in Greenspan's heart if not on his lips....but, he would use the word when not asked....he scared me! the economy may not be that bad now but, sentiment can make the worse happen...

To: Lucretius who wrote (67496)	2/14/2001 8:39:06 AM
From: AllansAlias	Respond to of 436258

I will miss Fleck. Guess I will have to subscribe to Grants. -ng Ladies and gentlemen, we had a 50-percent drop in the Nasdaq in a matter of months. Rather than recognize that, by his own definition, it's now safe to say that we've experienced a bubble and begin dealing with the inherent dangers it presents, Greenspan spent his entire speech talking about the miracles of productivity and how they caused all these wonderful things to happen, not even seeming to understand his prior comments. He is just one vapid gasbag, and all of us in America, and our children, are going to have to pay the price for his stupidity. Forewarned is forearmed.

To: Lucretius who wrote (67496)	2/14/2001 8:51:19 AM
From: UnBelievable	Respond to of 436258

US Inventories-OVERVIEW Futures World News - February 14, 2001 08:30 --US December business inventories +0.1%; sales +0.1% --US December inventory/sales ratio unchanged at 1.36 vs November --US December retailer inventories +0.3%; autos +0.1% --US December retail durable stock/sales ratio unchanged at 2.01 --US December retail nondurable stock/sales ratio unchanged at 1.10 By Andrew Williams, BridgeNews Washington--Feb. 14--U.S. business inventories posted their smallest increase in nearly two years, climbing just 0.1% in December. The uptick in inventories at factories, wholesalers and retailers was below the November gain of 0.3% and the consensus estimate for a 0.2% climb. Business sales also rose 0.1%, leaving the inventory-to-sales ratio at 1.36, unchanged from November. * * * Inventories at retailers were up 0.3% in December after climbing 0.5% in November, the Commerce Department said Wednesday. The rise in business sales reversed the 0.4% drop in November. In a survey of 20 economists by BridgeNews, the spread of estimates for overall December business inventories ranged from unchanged to up 0.5%. The retail inventory figure provides the final snapshot of U.S. inventory activity for December. As previously reported, factory inventories (Story .4733 ) and wholesale inventories were both unchanged (Story .4708 ). RETAIL INVENTORY LEVELS In the retail sector, automotive stocks inched up 0.1% after growing a revised 0.6% in November. However, they were up 13.2% from the prior year. Excluding autos, retail inventories were up 0.4% in December. STOCK-TO-SALES RATIO The inventories/sales ratio for retailers was unchanged from November's 1.47. Within retail, the durable goods ratio was flat at 2.01 and the nondurable goods ratio also was unchanged at 1.10. HISTORICALS The 0.1% rise in total business inventories was the smallest since January 1999, when they also inched up 0.1%, a Commerce official said. December inventories were up 6.1% from December 1999, while business sales were 2.8% above the year-earlier period. End .