RE: [CANSLIM] O.T: Sounds like inflation ahead to me!


From: "Fred Richards" <ffradrich@attbi.com>
Subject: RE: [CANSLIM] O.T: Sounds like inflation ahead to me!
Date: Fri, 20 Jun 2003 12:22:55 -0500

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www.economagic.com  is a place with a lot of the statistics you might be
interested in.

Also, the various governmental websites like BIS, Department of
Commerce, and the Department of Labor.

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Bill Triffet
Sent: Friday, June 20, 2003 11:58 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] O.T: Sounds like inflation ahead to me!


Fred et all,

Assuming the fact that I'm just a kid of 43 now, I wasn't paying
attention to the economics of the 1980's but I do seem to remember the
same facts/fears being brought up then by those who were "paying
attention". (not me...(g)) I do recall working MUCHO overtime at
aerospace/defense companys back then. I do recall interest rates and
property taxes (in Los Angeles) were sky high. I also recall writing off
a percentage of my consumer credit on my taxes as well back then don't
know if that hurt or helped the economy. I'm still in aerospace now btw.

Do you know of any site that could give comparative data of the
economics of the 1980's with regard to jobs, the deficit, etc? I've
often wondered about the comparisons. Perhaps others here can pipe in
(minus their political views) about the state of the economy then and
now? Might put a good spin on the current state of the markets.

- --
Bill

>>The U.S. Treasury announced an as-expected budget deficit of $90.5
billion in May. Year-to-date, the budget deficit stands at $292.1
billion vs. $145.4 billion in the year-ago period. Both individual and
corporate tax receipts are sharply lower than a year ago, reflecting
declining payrolls and soft business conditions. Government spending is
high, especially for defense and Medicare. Wonder how long it will take
the foreign investors to panic?  And when they do, will the market
continue on its way up?





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