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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (20394)	6/30/2004 10:48:59 AM
From: Bucky Katt	Respond to of 48461

I read somewhere that productivity is expected to decline or at best have a 1% increase, so that will also be a non-starter.... _________ From Prudent Bear> "Expectations of future house price appreciation are spectacularly, and unrealistically, high...' That's according to a report by economists at HSBC, the same firm that warned about bubble excess in the US market in July 1999. _________ Chicago Purchasing Managers' Index Falls to 56.4 in June June 30 (Bloomberg) -- An index of growth for Chicago-area businesses fell more than expected in June, a private report survey showed. The National Association of Purchasing Management-Chicago said its regional index decreased to 56.4 this month from 68 in May. Last month's reading was the highest since July 1988. A reading greater than 50 signals growth and the index compares with an average of 54.6 in 2003. Orders for long-lasting goods slumped in April and May, suggesting factories may be catching up with demand after boosting production in the last 12 months. The slowdown may mean the economy is entering a period of more moderate growth. ``Rapid growth may be behind us,'' '' said Joel Naroff, president of Naroff Economic Advisors in Holland, Pennsylvania, before the report. ``We are heading into a more sustainable pace of growth.'' Economists and investors watch the Chicago report for clues about the strength of U.S. manufacturing. Of the 10 largest U.S. counties, only Los Angeles has more manufacturing jobs than Cook County, which includes Chicago and many of its suburbs, according to figures from the Labor Department. The Federal Reserve Bank of Chicago says the region produces 40 percent of the nation's motor vehicles, 35 percent of the nation's steel and almost half of its farm equipment. _________________ June 28, 2004 Inflation wiped out the month over month increase in personal income according to today's government report. Spending also increased less than expected in inflation adjusted terms. Core inflation increased 1.6% year-over-year, the same as April, but significantly higher than just a few months ago "No origination fees, title insurance premiums, appraisal fees, local government transfer taxes or recording costs. There are no annual charges to maintain the line, no prepayment penalties if you close it before a specific time period, no fees when you don't draw on it..." That's how the Detroit Press describes one of several home equity loan "innovations" soon to hit the market.