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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (35886)12/31/1998 11:46:00 PM
From: Bonnie Bear  Read Replies (3) | Respond to of 94695
 
Last year at this time, money market outflow -6.6 B
This year it's -24B
Laid off workers for the week were 368,000
If these were long-time workers hired around the start of the boom,
like white-collar/aerospace/techie workers with 401Ks, they'd be hired in Jan 94 on average, have 5 years 401K at national average of $40K
so 368,000* 40K gives about 15 B.
Gulp.... Foreclosure city....hand me another treasury bond, please...
Happy new year...