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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: UnBelievable who wrote (70447)	2/25/2001 10:29:30 PM
From: Tunica Albuginea	Respond to of 99985

Consumer confidence Not clear there is an emergency to prompt rate cutting now instead of Mar 20: siliconinvestor.com ""There is a disconnect now that consumer confidence numbers are falling," said Mickey Levy, senior financial economist at Banc of America Securities. "They have been falling for three months, yet actually consumption is growing just fine. It's hard to reconcile the two.""....... ...."A closer look at the confidence numbers reveals a few surprises. Consumers' views on the present situation -- how they feel right now as opposed to six months or a year down the road -- haven't fallen off much at all." Perhaps the Street is desperately trying to salavage Brokers and inflated PE accounts rather than the economy........ TA