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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (1738)	3/10/2004 4:35:10 PM
From: CalculatedRisk	Respond to of 116555

Comments from that article to be saved for later ridicule: quote.bloomberg.com ``The U.S. economy is clearly doing better than anybody else's,'' said Ram Bhagavatula, chief economist in New York at Royal Bank of Scotland Plc. ``The exchange market is saying U.S. growth is here to stay.'' In the U.S., analysts are raising forecasts for the economy. Economists raised their growth estimates for the April-June period to an annual 4.5 percent pace from 4.2 percent, based on the median of 72 estimates in a Bloomberg News survey published yesterday, matching the rate expected for this quarter. The forecasts predict the economy will expand by at least 4 percent every quarter this year, something that hasn't happened since 1983, during President Ronald Reagan's first term. Government figures tomorrow may show retail sales rose 0.6 percent in February, based on the median forecast of economists.