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U.S. stocks in mid-day slump after sentiment reading (Bad Economic News)

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JCMach1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-04 12:44 PM
Original message
U.S. stocks in mid-day slump after sentiment reading (Bad Economic News)
Here is the important part...

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According to researchers at the University of Michigan, the consumer sentiment index experienced a much worse than expected drop, falling to 93.1 from 103.8 in January. The consensus forecast of Wall Street economists was for sentiment to slip to 103.1.

In other economic news, the U.S. trade deficit widened a much greater-than-expected 10.8 percent in December to $42.5 billion, well above expectations for a $39.6 billion deficit. Read more.

http://biz.yahoo.com/cbsm-top/040213/c90a2d1a890a711a1e596b8945771625_1.html



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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-04 01:22 PM
Response to Original message
1. Eventually, the bills always come true
Given the Soviet Nature of the Bushveiks, they'll keep this sham going until shortly after the "election".

If Emperor Bunnypants* is appointed to the throne a second time, bail out of the market QUICK because it won't be long from then...
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jus_the_facts Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-04 01:52 PM
Response to Reply #1
2. Don't ya just loathe those borrow and spend pukes.....
:puke:
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