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To: yard_man who wrote (99843)	5/4/2001 9:31:29 PM
From: Giordano Bruno	Read Replies (2) \| Respond to of 436258

Dazed and confused... "They keep flip-flopping, [which] proves how sensitive the money flows are," Volk said. Evidence of the waffling came from Merrill Lynch chief economist Bruce Steinberg, who -- in the immediate wake of the employment report -- commented "we are now reviewing our forecast and think the economy could be beginning to look recessionary." But less than 30 minutes later, Steinberg issued a follow-up report, declaring: "After further consideration, we are not, at this point, moving to a recession forecast." thestreet.com