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Re: [sharechat] To all Kiwis and Aussies

From: "Woody" <>
Date: Sat, 31 Jan 2004 13:43:51 +1000

I believe this is a forum for traders and investors, not Kiwis, Aussies and Yanks.  I think it inappropiate to insult another persons country and Leader in this forum. Discuss politics, religion, macroeconnomics, microeconnomics, shares, trading etc. But leave the personal insults to other forums.
By the way , econnominists, financial reporters, Treasurers and Most Professors of such do not, can and have not traded.
----- Original Message -----
From: Capitalist
Sent: Saturday, January 31, 2004 12:53 PM
Subject: Re: [sharechat] To all Kiwis and Aussies

I was reading a paper a few weeks ago that posited that pessimism was the new ideology of the West, and has flow- on effects to all areas of one's life. Like one is stuck in a malevolent universe being stuck with voodoo doll pins. Certainly optimism is desperately unfashionable. Pessimism has been elevated from a subjective emotional state to a leading economic indicator.Self-indulgent negativity?  Old Testament brain stems  perhaps?
Meanwhile, as economist James Picerno says,  there's no shortage of economists with generally upbeat interpretations of the recent US GDP number. "The economy showed a solid performance in the fourth quarter, suggesting the economy is building momentum and is well-positioned for further growth despite the slowdown from the third-quarter's surge," Lynn Reaser, chief economist at Bank of America . And Stuart Hoffman, chief economist with PNC Financial Services Group, reminds via The Washinton Post that the latest GDP report plus its predecessor add up to "the two best back-to-back quarters we've seen in the economy in a number of years."


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