Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: xtahce who wrote (41480)	7/27/2001 11:54:03 AM
From: lifeisgood	Read Replies (1) \| Respond to of 100058

I believe Q one was revised downward best... LIG

To: xtahce who wrote (41480)	7/29/2001 2:27:23 PM
From: lifeisgood	Read Replies (1) \| Respond to of 100058

lifeisgood....the weak GDP number will likely be revised downward What do you base this on? hmmm Q1 was revised upward from this week's Barrons: As Friday's release of the gross domestic product data confirmed, the second quarter was a bummer. Frankly, we're kind of surprised that the economy eked out any growth at all. But then, we've only had Uncle Sam's first estimate and the revisions lately have been pretty much one way -- down. In fact, the sprightly GDP gain of 5% reported for 2000 last week was revised to a much less sprightly 4.1% I would add that, for the previous 14 quarters, when GDP growth was < 4%, 5 of 7 revisions were downward. Last quarter's upward revision was a rare exception to this norm. best... LIG