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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (10027)11/2/1998 8:43:00 AM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
News on the income levels and spending. This should be good for at least +1%. After all, these numbers can't get any worse. Or can they? -g-
08:33 S&P FUTURES UP 6.0, OR 0.5%, TO 1111.20.
08:33 LOWEST GAIN IN PERSONAL INCOME SINCE APRIL 1997.
08:32 NEGATIVE SAVINGS RATE FIRST SINCE MONTHLY RECORDS IN 1959.

08:32 PERSONAL SPENDING RISES 0.5%, AS EXPECTED.
08:32 PERSONAL INCOMES GROW 0.2%, DISPOSABLE INCOMES GROW 0.2%. Spending all they can afford to save.
08:32 DOLLAR DOWN 0.1% VS YEN TO 115.30.
08:32 PERSONAL SAVINGS RATE DROPS TO -0.2% IN SEPT.
08:32 DOLLAR OFF 0.2% VS DEUTSCHEMARK TO 1.6490.

Wait a minute....
08:31 PERSONAL SPENDING EXCEEDS DISPOSABLE INCOME IN SEPTEMBER.