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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (39404)7/27/2001 9:53:20 AM
From: stockman_scott  Respond to of 65232
 
8:33AM Economic Data : Q2 GDP rose 0.7% vs consensus of 0.9%; Q1 was revised to 1.3% from 1.2%. Final sales also rose at a 0.7% pace in Q2, indicating that the weakness was not tied to inventory drawdowns, as was the case in Q1. The deflator rose 2.3% vs the 2.4% consensus. Bottom line: a bit weaker than expected and closer to the recession mark, but no big surprises. Futures mixed; S&P unchanged after data, while Nasdaq futures move to +10 from +20.


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