SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (11685)9/6/2007 9:29:58 AM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
DOW - not looking for early gains to hold for long
Will be adding puts in am



To: Smiling Bob who wrote (11685)9/6/2007 4:37:55 PM
From: Smiling Bob  Respond to of 19256
 
J Fed's Hoenig: Econ Doing Well Excluding Housing -TV

.

WASHINGTON (Dow Jones)--Economic data outside of the housing sector seem to "bode well" for the U.S. economy in the third quarter, suggesting that the fallout from the housing slump is limited so far, Federal Reserve Bank of Kansas City President Thomas Hoenig said Thursday.

"I have found that most businesses are continuing to move forward and that to me is an encouraging sign and I think that is reflected importantly...in the so-called Beige Book," Hoenig said in an interview to be aired Thursday on the Nightly Business Report on PBS.

A transcript of the interview was released ahead of the airing.

According to the latest Beige Book released Wednesday by the Fed, "outside of real estate, reports that the turmoil in financial markets had affected economic activity during the survey period were limited." The Beige Book is a largely anecdotal summary of economic conditions prepared in advance of Federal Open Market Committee meetings.

The FOMC meets on Sept. 18.


(MORE TO FOLLOW) Dow Jones Newswires

September 06, 2007 16:17 ET (20:17 GMT)

Copyright (c) 2007 Dow Jones & Company, Inc.- - 04 17 PM EDT 09-06-07