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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: DlphcOracl who wrote (54753)	8/31/2001 12:02:01 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Meanwhile, the U. of Michigan Consumer Sentiment Index was weaker than anticipated, consistent with similar surveys reported over the past week. The possibility that the consumer is frightened and pulling in his/her horns is very real. This is seen in the large outflows from mutual funds and the increased savings rate over the past few months. With the amount of debt consumers are in at present, a loss of confidence, which correlates to a cutback in consumer spending, could be devastating and could easily result in a credit crises. We are teetering precariously. Rande Is