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To: IngotWeTrust who wrote (28781)2/22/1999 2:28:00 PM
From: John Mansfield  Read Replies (2) | Respond to of 116856
 
Dr. Yardeni: 'COMMENT: The US continues to experience a deflationary boom. Large tax
refunds should keep growth strong in the first half. European economies are
slowing significantly led by weaker exports. The Japanese are desperately
attempting to end their depression by lowering bank rates to almost zero,
so the yen is getting weak again. China looks unstable. Commodity prices
continue to plunge. Internet stocks seem to have topped a few weeks ago,
suggesting the favorable seasonal flows into stocks at the beginning of the
year may have run their course already. The break in Dell's stock suggests
that even great unit-growers may start to disappoint exuberant investors.
Bond yields often rise at the beginning of the year, creating a great
buying opportunity in the Spring.

SUBSCRIBERS: In my latest GLOBAL PORTFOLIO STRATEGY, I reassess the
earnings outlook, and remain bearish for 1999 and 2000. I also show that
the breadth of the bull market has deteriorated because earnings breadth is
deteriorating, with fewer companies showing positive year-over-year
comparisons.

PUBLIC: You can now find daily updates of economic indicators not only for
the G7 economies, but also Asian and Latin economies. On the home page,
you'll find updated CHART BOOKS on the money supply and commercial banking.
I've recently added Page/Site/Network Navigators on several pages to make
it easier for you to access the information you need more quickly. I am
adding and seeking network partners.

Y2K: My latest Y2K REPORTER is posted. I still see a 70% chance of a global
2000 recession. But I have more information now, so the picture is no
longer black and white. I can add some colors: orange--25%--mild six-month
downturn, red--40%--severe 12-month recession, black--5%--depression. I am
somewhat less worried about the US federal government, but more concerned
about numerous weak links in global supply chains, which could seriously
disrupt just-in-time manufacturing. Don't forget to tune in to the T-300
Y2K Action Day Conference on Contingency Planning issues broadcast all the
time over the Internet starting March 7.

MOVIES: "Little Voice" is a very entertaining little movie.

Dr. Ed

********************
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Home: yardeni.com
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Global Portfolio Strategy: yardeni.com
Earnings Forecast: yardeni.com
Global Markets Briefing: yardeni.com
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US Stock Valuation Model: yardeni.com
Global Stock Valuation Models: yardeni.com

Y2K Home: yardeni.com
Y2K Reporter: yardeni.com
Y2K Netbook: yardeni.com
Y2K News Fax: yardeni.com
Y2K Action Day: y2kactionday.com
Y2K Corporate Disclosure: progsys.com

People Polls: yardeni.com

____

from email letter



To: IngotWeTrust who wrote (28781)2/23/1999 1:00:00 PM
From: long-gone  Respond to of 116856
 
Forwarded from defendyourprivacy.com <http://www.defendyourprivacy.com/index.html> We are participating in an Internet campaign to stop a regulation which would require your bank to spy on you, and we would like to invite you to join us. We now have less than 20 days to contact the FDIC and demand that it kill its proposed "Know Your Customer" rule. Please forward this message to any friends, family, co-workers, neighbors, or other people you know who may be interested, then go to defendyourprivacy.com <http://www.defendyourprivacy.com> and sign the petition. It will be submitted directly to the FDIC. Plus, a copy will be sent to your representative in the U.S. House and to both your U.S. Senators. The FDIC's Know Your Customer rule would force banks to "monitor" your checking and savings account and report any "unusual transactions" to the federal government. This frightening threat to your financial privacy would force your bank to: * Discover your "source of funds" * Determine your "normal and expected
transactions" * Report any "suspicious activity" to federal
investigators The government claims it is trying to thwart money launderers and drug dealers. But what this law will do is turn every bank teller into a government informer and everyone with a bank account into a criminal suspect. In a free society, the government has no business asking where you get your money or how you spend it -- and politicians have no right to force your bank to monitor your account. But that's exactly what's going to happen, unless we can generate enough opposition before the FDIC's comment period expires on March 8. Outraged Americans have already flooded the FDIC with over 20,000 comments against the Know Your Customer regulation -- but the agency hasn't backed down yet. Let's keep up the pressure. Please forward this e-mail to everyone you know who might be interested in helping, but please don't send it indiscriminately -- spam will only hurt our campaign. Then go to defendyourprivacy.com <http://www.defendyourprivacy.com> and sign the petition. Thank you