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

To: stockman_scott who wrote (12037)	1/23/2003 4:29:42 PM
From: Jim Willie CB	Read Replies (4) \| Respond to of 89467

my leading indicators are mostly down: - layoffs mount - consumer confidence is down - debt levels are suffocating for households - trade gap is widening and out of control - federal deficits are escalating - all Fed Monetization is going straight to build China's economy - dollar is in decline - foreign Central Banks in Asia are starting to abandon USTBonds - Arab petrodollars are boycotting the US financial markets - interest rates can go no lower - REFI boom is done dead gone outtahere - investor distrust is growing leaps & bounds - stock indexes show no ability to get up - public doubts Wall Street pundits and analysts - IPO's are nonexistent - capex is extinct - mfg capacity utilization is below typical recession levels yeah yeah yeah, indicators are up are they seasonally adjusted by the govt also? / jim