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


To: gregor_us who wrote (13798)5/13/2004 12:57:03 PM
From: AK2004  Respond to of 110194
 
give me a break or rather show me the numbers......



To: gregor_us who wrote (13798)5/13/2004 12:58:14 PM
From: yard_man  Read Replies (1) | Respond to of 110194
 
I'd say it began close to the first of the year -- certainly masked in the GDP numbers and elsewhere by

1) fudging and
2) government expenditures

imagine what GDP would look like now without all those expenditures. GDP is the wrong measure of economic activity anyway.



To: gregor_us who wrote (13798)5/13/2004 1:50:16 PM
From: russwinter  Respond to of 110194
 
Appears the consumer, like the market is crossing over the proverbial "200 day moving average":

SPX: 200 MA is 1078
Dow: 10,020
COMP: 1941
NDX: 1415

Consumer Index Down to 108.1

Rasmussen Consumer Index

Today 108.1
Yesterday 109.5
Week Ago 112.2
Month Ago 114.3
RasmussenReports.com

Thursday May 13, 2004--The Rasmussen Consumer Index was down another point-and-a-half on Thursday to settle at 108.1. That's the fourth straight daily decline and represents the lowest reading in six weeks (since April 2). In other words, the economic confidence of Consumers has fallen back to levels that existed before the last two employment reports. Those reports showed more than 600,000 net new jobs created.

The Consumer Index, which measures the economic confidence of American consumers on a daily basis, is down four from a week ago, down six from a month ago and down six from three months ago.