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


To: Rande Is who wrote (54792)8/31/2001 8:31:01 PM
From: Tradelite  Respond to of 57584
 
Thanks, Rande.



To: Rande Is who wrote (54792)9/2/2001 11:36:25 PM
From: Sojourner Smith  Read Replies (1) | Respond to of 57584
 
What is the likelihood the SEC will
raise the limit one can have a margin account?
Where can I find more information on that?
TIA



To: Rande Is who wrote (54792)9/3/2001 2:22:20 AM
From: shadowman  Respond to of 57584
 
Productivity:

nytimes.com

September 3, 2001

Notions of New Economy Hinge on Pace of Productivity Growth

By LOUIS UCHITELLE

JACKSON HOLE, Wyo., Sept. 2 — Rising prosperity still bathed the nation a year ago when Alan Greenspan opened the annual symposium of Federal Reserve policy makers in this mountain resort with a confident boast that the strong gains in worker productivity that seemed to underlie the robust expansion of the 1990's would continue.

That contention appears to haunt him today. The nation's boom has collapsed despite the faith of Mr. Greenspan, the Fed chairman, that the ever-greater efficiencies of the information age would keep on raising profits, incomes and employment at a healthy pace. Instead, the nation is barely skirting a recession, stock prices have fallen, the budget surplus is shrinking and the new economy is losing its charm.

Adding injury to insult, the government just last month took the accelerating productivity figures that Mr. Greenspan cited so proudly a year ago and revised them downward. Instead of growing at an annual rate of 3.4 percent in 1999 and 2000, productivity — the amount that a worker produces in a hour — grew at a significantly slower rate of 2.6 percent a year during the best years of the economic boom.

"He must have an awful lot of egg on his face," Dean Baker, co-director of the Center for Economic and Policy Research, said in a telephone interview from Washington.