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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.
Woody
----- Original Message -----
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."
F.E.T.E.
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