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To: Lee who wrote (74674)10/26/1998 5:02:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
I think so Lee.<eom>



To: Lee who wrote (74674)10/26/1998 5:15:00 PM
From: freeus  Read Replies (2) | Respond to of 176387
 
re Mohan's elite foreign message
Looks like a bailout to me too.
Stupid bailing out these countries just leads to further bad choices but what the heck if it pulls the markets up.....
Freeus



To: Lee who wrote (74674)10/27/1998 10:48:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
'Consumer Confidence'=117.3 (-9.1)

Good morning Lee:

Say what does it take to bring the confidence level up a bit,it went down some 9 points from previous month.Still not bad but I rather see a reverse in trend to keep things moving further.Hope the stock market helps and if the pundits could shut their 'traps' for a minute that will help too I am sure. Wonder whether you have any thoughts on the matter.

==============================
Consumer confidence falls sharply in October amid concerns over economy

10.14 a.m. ET (1514 GMT) October 27, 1998

NEW YORK — Consumer confidence tumbled for the fourth straight month in October amid increasing concerns about global economic and political troubles.

The Conference Board reported today its index of consumer confidence fell 9.1 points to 117.3 in October from a revised 126.4 in September. The index is down 20.9 points from its 29-year high in June.

"Growing anxiety about the financial markets, combined with political concerns and recent layoff announcements, have given consumers the jitters,'' said Lynn Franco, associate director at the Conference Board, a New York-based private research group.