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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (38178)	4/6/2001 8:24:49 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

This is the scenerio everyone thinks is round the corner <The falling rents, empty restaurants and unused limos in San Francisco are a glimpse of things to come for the rest of America. The downturn is about to hit the consumer--at the same time that the summer energy crisis does. Unemployment is going to suddenly shoot up, consumer confidence will hit a ten-year low, and retailers will start missing their projections. Suddenly the recession will be all too clear. > Today's employment report will make it quite clear.. if it is weak the market will be hapy that rate cuts are on the way, if it is strong the market will test the 1142 and hit 1155 again..