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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (37283)8/18/2003 1:34:20 PM
From: gumnam  Read Replies (1) | Respond to of 74559
 
hey Jay

What is going on in the B share markets ? the index seems to be completely crapping out. Any technical factors to explain it?

Gumnam



To: ild who wrote (37283)8/18/2003 2:28:13 PM
From: 200ma  Respond to of 74559
 
Ild
nice link
funny and insightful read



To: ild who wrote (37283)8/18/2003 2:58:25 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 74559
 
It seems that MorganStanley turned bullish on the US economy - GDP of 5% in Q3

Taking into account the retail sales and trade reports, we now expect Q2 GDP to be revised up to +3.0% from +2.4% and we see Q3 on track for a 5.0% gain, up from our prior +4.1% estimate.

The key swing factor in the acceleration is an expected catch-up by domestic producers to the surprisingly strong demand numbers in Q2. It now looks like Q2 final domestic demand will be revised up to a very strong +5%, but with much of the strength being met out of inventories and imports.