Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ted Downs who wrote (91438)	7/5/2002 9:12:11 AM
From: LTK007	Read Replies (2) \| Respond to of 99280

consensus was 72k, but the major disappoint was in manufacturing having a greater decline than expected. THE FACTOID is this, the economy is recovering at a MUCH more modest/slow rate than was hyped. That is a FACTOID. The economy remains quite simply on the razor's edge of consumer spending and spending, everything, but everything rides on that. Max

To: Ted Downs who wrote (91438)	7/5/2002 9:14:33 AM
From: j-at-home	Respond to of 99280

<<I read estimate to be 80,000. Just heard on CNBC that estimate from economists was expected at 75,000. So now we have 75k,80k, and 110k from you. Gee I don't know who to believe. I guess it all depends on how you interpret a glass half full whether 30k+ is half good or half bad.>> I don't know either but it sure isn't the gov's stats or the economists either .. why don't you give a number and we'll go with that instead <gg>. I got the 110K from Bloomberg at about 1:00 am (pst) but Bloomberg constantly changes their headlines as 'CORRECT' data comes out. So if at 1:00 they were to say "Europe up on expected increase of 110K jobs in World's largest economy ..." now it would read something like "Europe up on job increase in World's largest economy ...". So the 110K is on the cutting room floor now but if anyone printed out the headlines of various articles back in the wee hours it could be shown. <<I guess it all depends on how you interpret a glass half full whether 30k+ is half good or half bad.>> Its relevance ought to be impacted by just where those jobs are .. which sector .. mfg? NOPE