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? - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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