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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (36257)	3/8/2001 5:52:22 PM
From: Wes Stevens	Read Replies (1) \| Respond to of 49816

Some analyst on CNBC just trashed GE stock. Boy did they cut him off in a hurry :)

To: DebtBomb who wrote (36257)	3/8/2001 10:40:09 PM
From: SirRealist	Respond to of 49816

cbs.marketwatch.com ICST and INFT might bebouncing up here. cbs.marketwatch.com Wonder how this'll play? Probably minimal impact, till the Senate completes the payoff. >>Lehman Brothers' Stephen Slifer expects both manufacturing and construction payrolls to fall 50,000, given the big weather-related gains in construction in January and the drop in the employment index from the National Association of Purchasing Management. Slifer thinks total payrolls will grow just 25,000. A more optimistic view comes from Diane Swonk, chief economist at Bank One, who looks for a "modestly surprising number," above the consensus estimate. She thinks the jobless rate will tick down to 4.1 percent from the 17-month high of 4.2 percent in January. The consensus estimate for the unemployment rate is 4.3 percent, which would be the highest since July 1999. "Labor market conditions remain pretty tight," Swonk said. She pointed to "an inflection point" in consumer sentiment, "amazing" motor vehicle sales and an increase in orders for computers as signs that the current downturn is merely a "classic inventory cycle." With manufacturing in recession, it'll take "an on-trend gain in the services sector just to keep payrolls unchanged," said Ian Shepherdson, chief U.S. economist at High Frequency Economics. Salomon Smith Barney is also forecasting zero growth in payrolls.<<