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To: im a survivor who wrote (7417)	5/1/2002 10:32:24 AM
From: H James Morris	Respond to of 13815

>>just posts info, articles and opinions which are helpful in my opinion...... << I agree.

To: im a survivor who wrote (7417)	5/1/2002 11:28:05 AM
From: stockman_scott	Respond to of 13815

The Money Analyst - May 2002 Commentary by Tracy Herrick [Jefferies' Chief Economist] This link contains full comments and some great charts... jefco.com <<...Operating earnings of the Standard and Poor's index of 500 stocks will likely turn from a decline of 44 percent in the fourth quarter of 2001 to a gain of 10 percent in the fourth quarter of 2002, on a year-over-year basis. Yet this recovery in profits would not likely overcome the dampening effects from higher interest rates. Short-term rates will likely rise in the second half of 2002 and in early 2003. The federal funds rate could rise from 1 3/4 percent in mid-April to 3 percent by year-end 2002, and to 4 percent by mid-year 2003...>>