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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (12930)	8/5/2002 10:14:48 AM
From: Dave Gore	Read Replies (2) \| Respond to of 17639

Many were wrong, but the guy I quote is a Fed Bank Official and a bit more connected and conservative. I just can't see a double dip with interest rates remaining low and the consumer spending still OK, along with low inflation. Also, the manufacturing index is holding nicely above 50 indicating expansion. I just don't see it. There's a time to be a contrarian but this isn't it. All the important economic indicators are trending in the right direction and we've never had a recession when interest rates and inflation were anywhere close to this low.