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To: James Strauss who wrote (11436)8/12/2002 2:30:51 PM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
Jim, it may become worse than a double dip..The employment report last week summed it up for me, the overall workweek reading went down by a lot...18 minutes to be exact, to 34 hours, the lowest since 1996...
How can they polish that turd?



To: James Strauss who wrote (11436)8/13/2002 2:27:06 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, no FED cut, as we expected. They are impotent now...Funny, all of the traders in the futures pits just before the non-announcement, with nothin' to do...

One other point is many millions of people who vote every election, and who actually have no debt and rely on interest bearing accounts (old people) are getting a little tired of the free-ride the baby-boomer & gen-x's have been getting vis-a-vie cheap money..

Gonna be a fun week, as we said....