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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (41682)	11/16/2001 1:50:25 PM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

Oecd has made a strategy. Oil will break 15$'s in my opinion. If a major support 18.50 is taken out. With cap utilisation at 74%, I am not worried at all about inflation, low interest rates, wiping out of uncertainties and hopefully looking ahead, growth over the next few months will remain negative as the impact of the terrorist attacks work their way through the economy. The shock on consumer confidence and labour markets will curtail consumer spending growth in the immediate future, and this in turn will keep production levels low as businesses work to prevent a renewed climb in inventories. As a result, the U.S. economy will shrink through the first quarter of next year before a recovery begins in the middle of next year.