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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (47237)1/30/2002 8:38:44 AM
From: Sully-  Read Replies (4) | Respond to of 65232
 
08:31 ET GDP +0.2% in Q4; much better than expected : GDP rose 0.2% in Q4, much better than the consensus estimate of a 1.1% decline. Final sales rose 2.5%, which indicates that inventories were the major restraint on Q4 growth. Given that economic reports have only improved since, the positive Q4 reading will only add to the market's perception that the recession may already be over -- this is good news for stocks.