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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: BEEF JERKEY who wrote (6205)	1/26/2004 12:34:30 PM
From: mishedlo	Respond to of 110194

The nation's industrial output rose 0.1 percent in December after climbing 1.0 percent in the prior month, the Federal Reserve said. Wall Street economists polled by CBS MarketWatch had predicted a 0.4 percent gain in the latest month. ----------- "The manufacturing sector is becoming healthier by the month and confirming the staying power of the expansion," said Joel Naroff of Naroff Economic Advisors. Business equipment output eased 0.1 percent in December, reflecting an 0.8 percent decline seen in information-technology equipment. Consumer goods output fell 0.2 percent. cbs.marketwatch.com ============================================== Let me get this straight... A 0.1 percent rise in December when Wall Street economists polled by CBS MarketWatch had predicted a 0.4 percent gain in the latest month confirms the staying power of the expansion?! "The manufacturing sector is becoming healthier by the month and confirming the staying power of the expansion," said Joel Naroff of Naroff Economic Advisors. WTF is this guy smoking? M