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.

Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (8556)	10/29/2002 4:15:42 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

UTTERLY PATHETIC CONSUMER DATA... REALLY SCAREY CONSUMERS ARE WHAT IS HOLDING UP THIS ECONOMY AND THE USA ECONOMY IS HOLDING UP THE WORLD ECONOMY I sense a Perfect Storm forming, just when investors think this bear has mauled enough wealth / jim NEW YORK (CBS.MW) -- Stocks extended losses Tuesday after a key reading on consume confidence dropped to its lowest level in nine years, igniting worries that spending may falter in the coming months. The October consumer confidence index tumbled to 79.4 from September's 93.7 level, mirroring the recent decline in the University of Michigan's sentiment gauge. Economists polled by CBS.MarketWatch.com had expected a 90.1 reading. Both the expectations and current conditions indexes took nosedives as well. Check economic calendar and forecasts. "The outlook for the holiday retail season is now fairly bleak," said the Conference Board, which releases the data. [cut off, more on stock indexes]