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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (22446)10/24/2001 2:07:00 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Reports from all Federal Reserve Districts indicate weak economic activity in September and the first weeks of October. In all Districts, the tragedy of September 11 was followed by a short period of sharply reduced activity. Business activity recovered quickly from some aspects of the shock, such as reduced air cargo capacity, but longer-run effects are more difficult to assess. Retail sales, other than autos, were slightly lower than before September 11, but this weakness might have already been in train. The same is true for manufacturing. Insurance premiums have increased, and security precautions are disrupting productivity.

Retail sales softened in September and early October in almost all Districts. Auto sales fell at the beginning of the period but have now rebounded following new zero-financing incentive plans. Both shipments and orders for a broad spectrum of manufactured goods, ranging from steel to semiconductors, are weak in most of the country. Construction generally slowed during the period. The softness in consumer spending, manufacturing, and construction is affecting the labor market, where layoffs and plant closings have been reported in many industries, from financial services on the East Coast to media and advertising on the West Coast to auto parts in the central states. There has been little upward pressure on either wages or prices, and, in some cases, they have actually fallen.

The Effect of September 11

Retail sales followed much the same pattern throughout the country. In the week following the attack, consumer spending dropped sharply for all items except those that were likely purchased in preparation for possible additional attacks. Sales of groceries, security devices, and bottled water increased; purchases of insurance also rose. One to two weeks later, consumer buying picked up somewhat, although in most Districts it was weaker than in early September. Contacts in the Chicago District note that the weakness is the result of fundamental economic causes prevailing before the attack, higher unemployment, and falling stock prices, rather than the attack itself.

federalreserve.gov



To: Lee Lichterman III who wrote (22446)10/24/2001 2:13:40 PM
From: sandeep  Respond to of 52237
 
I see. I was concerned by your assertion that the media player tries to copy a bunch of cookies. So, I looked at some of the options (under tools). I did find that you can turn this feature off by going to the player tab and "deselecting" the allow internet sites to uniquely identify you button. Gosh, the default here seems crazy at best. Also, how did you transfer the mp3 files from the backup? I think there is a simple trick which will allow you to circumvent your problem. Unfortunately, all the big corporations are in cahouts against the consumer in some way or another, imho. They try to protect each other's interests (at least in the default way). So, the default settings are bad, I think.