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Bearmove

08/06/04 9:00 AM

#280438 RE: opnion #280430

Also, not likely the fed will raise rates during the coming months.
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Zeev Hed

08/06/04 9:03 AM

#280442 RE: opnion #280430

Few months back I penned a post elating the job growth to the thesis of continued bull, the assumption was that as long as we do not get three months of less that 200,000 to 250,000 new jobs per month, the economy will continue to expand (#msg-3318702). That assumption is getting whacked badly, and the assumption that any recession may be delayed till late next year, is off the table.