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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (55713)4/24/2002 1:47:49 PM
From: Smart_Money  Respond to of 99280
 
Lets see how they spin the Beige Book. I think they want a rally so bad they can't stand it. My opinion is the market rallys into the close.



To: DebtBomb who wrote (55713)4/24/2002 2:10:20 PM
From: LTK007  Read Replies (2) | Respond to of 99280
 
Beige out now --all regions economy stable to some improvement.
Retails sales strong. Limited Capex. Beige Book talking head is bubbly bullish, saying he sees the consumer not letting up AT ALL (which will P.O. Greenspan)
BBook states seeing tentative good signs of recovery, but talking head is Super Confident that all the negative aspects will vanish in the sheer power of consumer spending.
i won't bother to explain AGAIN why continued robust consumer spending will lead to disaster.Max