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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (1392)	2/28/2001 1:49:14 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 12411

Right... thanks for the link... don't fight the fed, but don't fight the tape... a tale of two cities.....<g> GZ

To: Michael Watkins who wrote (1392)	3/1/2001 4:14:41 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 12411

biz.yahoo.com Thursday March 1, 8:37 am Eastern Time U.S. spending, incomes rise in Jan, savings fall WASHINGTON, March 1 (Reuters) - U.S. consumer spending rose faster than incomes in January, bringing the personal savings rate to its lowest level on record, the government said on Thursday. Spending rose 0.7 percent to $6.96 trillion following a 0.4 percent gain in December. Incomes increased 0.6 percent to $8.5 trillion in January after posting a 0.4 percent increase in the previous month, the Commerce Department said. Economists polled by Reuters had forecast a 0.7 percent gain in spending and a 0.4 percent rise in income in January. The personal savings rate in January fell to a negative 1.0 percent, the lowest rate on record. That was down from a negative 0.8 percent in December.