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To: stockman_scott who wrote (153535)2/24/2003 3:58:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
Bush has destroyed the economy

Fed Survey: Economists Trim Forecasts
He said anxiety about war and terror risks was most evident in a separate question about the likelihood of a contraction in the economy. Forecasters saw a 20 percent chance of a negative quarter of GDP in the first half of this year, little changed from the previous survey.
biz.yahoo.com



To: stockman_scott who wrote (153535)2/24/2003 4:46:41 PM
From: Lizzie Tudor  Read Replies (4) | Respond to of 164684
 
the Bush factor

Optimism at a low: Warburg
Meanwhile, the latest survey by UBS Warburg found that overall investor optimism fell to an all-time low in February as investors expressed heightened concerns about the state of the nation's economy and the effects of a possible war with Iraq.

The monthly survey found that 56 percent of investors believe there will be a negative effect on the nation's economy if the U.S. invades Iraq.

According to the study, just 35 percent of investors are optimistic about the prospects for economic growth over the next 12 months, the lowest level in the survey's history, and down from 42 percent in January.

There was no data scheduled for release Monday but Tuesday will reveal the latest on consumer confidence and existing home sales and other key numbers will come this Friday when the University of Michigan releases its consumer sentiment survey and fourth quarter gross domestic product numbers are revealed.

biz.yahoo.com