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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (30324)7/29/1998 10:57:00 AM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
Even Moody's is confused.

In a news piece about the durable goods number (http://biz.yahoo.com/finance/980729/u_s_june_d_1.html), their chief economist John Lonski says, "I'm surprised that electronic equipment orders are up 1.8 percent for the month of June given the fact that we have such a huge oversupply of semiconductors. One would perhaps look at this number and say perhaps there is something wrong with it."

Perhaps...

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