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


To: Haim R. Branisteanu who wrote (12016)9/21/2004 3:48:11 PM
From: mishedlo  Respond to of 116555
 
output growth appears to have regained some traction, and labor market conditions have improved modestly.

Output growth has built up traction all right...
In the form of rising inventories and falling demnand.

As for labor market conditions, I think the FED is on a brainwash mission. Jobs are up from totally putrid to merely miserable. Jobs still have not caught up with population growth.

M