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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (12354)12/31/2001 8:30:21 PM
From: pezz  Read Replies (2) | Respond to of 74559
 
Jay, I don't doubt that you are seening a lot of gloom etc. but ya know I ain't seein it here in CA. I just got back from Best Buy an there wuz no room in the parkin lot I had to park in the street....My friends in the construction biz say things are boomin.Everybody I know is spendin money....



To: TobagoJack who wrote (12354)12/31/2001 9:47:29 PM
From: Ramsey Su  Read Replies (2) | Respond to of 74559
 
biz.yahoo.com

Jay,

while there are lots of "talk" about how bad things are this Christmas, the facts appear to show that we are doing as good or better than last year. In addition, the online retailers appear to be be doing much better also. I don't have all the releases but I think Williams Sonoma, Land's End and others claimed post Sept 11 business as brisk.

So are the consumers consuming or not?

On the other hand, if the retailers are stimulating sales with deep discounts, similar to the autos with zero percent financing, then the merchandise sold may only carry slim to no profit. This would not only show up on the bottomline this quarter but also for quarters to come, assuming consumers might have stocked up on a mountain socks, ties and sweaters that are priced too low to resist.

But if we are strictly talking about the US stock market, does it really matter that the retail sector is good or bad?

In this day and age of globalization, where can investors from all over the world park their money? What would trigger an exodus of funds from US equites and other instruments?

Ramsey



To: TobagoJack who wrote (12354)1/1/2002 12:38:36 AM
From: energyplay  Read Replies (1) | Respond to of 74559
 
Happy New year to everyone !

Lower energy prices may help many economies - acts like a broad based tax cut in some ways.

That plus the virtues of temperance, prudence (moderation), fortitude and justice as you have mentioned -

>>>"The only abracadabra I can think of that would be of significant and sufficient momentum is really cheap assets of all classes in all territories, people willing to do hard work for a honest pay, small governments, low taxes, savings, capital formation, sustainable spending, prudent investment, conservative
balance sheets, transparent reporting, peace, et cetera."



To: TobagoJack who wrote (12354)1/1/2002 4:47:32 AM
From: Moominoid  Respond to of 74559
 
ABC reports that the ACT Government "forgot" to arrange fireworks for New Year, I was thinking that they stopped it due to the fire danger. It was weird with crowds wondering when they were meant to cheer or whatever. Reports are that crowds at outdoor new year festivities were down across Australia.

Today the fires have flared up again in strong winds and threatening various suburbs of Queanbeyan (10 miles from Canberra) and Sydney. Will get a good view tomorrow of the situation from the plane, hoping I can get into Sydney airport from here.

David



To: TobagoJack who wrote (12354)1/1/2002 4:47:34 AM
From: Moominoid  Respond to of 74559
 
ABC reports that the ACT Government "forgot" to arrange fireworks for New Year, I was thinking that they stopped it due to the fire danger. It was weird with crowds wondering when they were meant to cheer or whatever. Reports are that crowds at outdoor new year festivities were down across Australia.

Today the fires have flared up again in strong winds and threatening various suburbs of Queanbeyan (10 miles from Canberra) and Sydney. Will get a good view tomorrow of the situation from the plane, hoping I can get into Sydney airport from here.

David



To: TobagoJack who wrote (12354)1/1/2002 4:47:36 AM
From: Moominoid  Read Replies (1) | Respond to of 74559
 
ABC reports that the ACT Government "forgot" to arrange fireworks for New Year, I was thinking that they stopped it due to the fire danger. It was weird with crowds wondering when they were meant to cheer or whatever. Reports are that crowds at outdoor new year festivities were down across Australia.

Today the fires have flared up again in strong winds and threatening various suburbs of Queanbeyan (10 miles from Canberra) and Sydney. Will get a good view tomorrow of the situation from the plane, hoping I can get into Sydney airport from here.

David



To: TobagoJack who wrote (12354)1/1/2002 4:47:34 AM
From: Moominoid  Respond to of 74559
 
ABC reports that the ACT Government "forgot" to arrange fireworks for New Year, I was thinking that they stopped it due to the fire danger. It was weird with crowds wondering when they were meant to cheer or whatever. Reports are that crowds at outdoor new year festivities were down across Australia.

Today the fires have flared up again in strong winds and threatening various suburbs of Queanbeyan (10 miles from Canberra) and Sydney. Will get a good view tomorrow of the situation from the plane, hoping I can get into Sydney airport from here.

David



To: TobagoJack who wrote (12354)1/1/2002 4:47:34 AM
From: Moominoid  Respond to of 74559
 
ABC reports that the ACT Government "forgot" to arrange fireworks for New Year, I was thinking that they stopped it due to the fire danger. It was weird with crowds wondering when they were meant to cheer or whatever. Reports are that crowds at outdoor new year festivities were down across Australia.

Today the fires have flared up again in strong winds and threatening various suburbs of Queanbeyan (10 miles from Canberra) and Sydney. Will get a good view tomorrow of the situation from the plane, hoping I can get into Sydney airport from here.

David