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.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (22655)1/15/1999 10:56:00 AM
From: NickSE  Read Replies (1) | Respond to of 50167
 
Ike,

Here are the rest of the charts if your interested. I just put them up.

members.home.net

FYI, I don't update the charts everyday so check the date to see when they were last updated. The charts there now were updated last night.

Regards,
Nick



To: IQBAL LATIF who wrote (22655)1/15/1999 11:30:00 AM
From: Lee  Respond to of 50167
 
Hi Ike,..Re:.please post a copy of the kind of post you have just posted on Idea to us regularly

Ike, I would be glad to post the eco data du jour. I know that Brian used to post it but briefing.com is not available anymore to non-subscribers so we have to go to the source in many instances now.

I would like to add my thanks for your market commentary and especially SPH and BKX and NDX levels. I frequently use these to decide when to take profits and when to go shopping. <g>

Thanks for your work,

Lee



To: IQBAL LATIF who wrote (22655)1/15/1999 1:16:00 PM
From: Lee  Read Replies (1) | Respond to of 50167
 
Hi Ike,..Re:.Abby's talk

Abby Cohen just finished speaking and she made some interesting points.

First, if you look at the bottom chart on the charts below, it shows the US has a large surplus in trade with respect to Services. This is primarily value-added tech services and tends to support my guess that the economy is evolving from a hard-core manufacturing economy to a more technical oriented one.

bea.doc.gov

She noted that the composition of GDP has changed and that tech, as a percentage of GDP has increased by 3 over the last 6 years. She also noted that the US is one of the few countries with a budget surplus and that should keep the domestic economy healthy beyond 2000.

She said that the US enjoys domestic growth even in the face of global slowdown and for this reason she expects US business to continue to grow revenues and profit. Because of this domestic growth, she noted that the US is 1/4 as sensitive to currency fluctuations as Japan for instance.

It was overall a fascinating speech and she based some of her comments on Robert Parry's speech which can be found at the site below when the Fed gets around to posting it.
bog.frb.fed.us

Regards,

Lee