The [economic] numbers are very benign. The economy in fact seems to be slowing a little bit. I know it's hard to read this week-to-week, month-to-month. But it does appear that it's slowing.
About this quote
- What does it mean?
- Economic indicators suggest the economy is slowing down slightly, which may be hard to detect in short-term data.
- In plain terms
- The economy is slowing a bit, even if week-to-week numbers look okay.
- What can you take from it?
- Economic slowdowns can be subtle and hard to spot immediately.
Where it applies
Putting it to work
Questions to consider
- How do you measure economic slowdowns?
- What indicators matter most for growth?
Another view
Economic data often lags behind real conditions.
More from Jack Baker
I see the flow of funds still exceptionally favorable for the stock market. 8,000 is my number. We should be there in the next week or two.
Permalink to quote #10 Definitely third quarter earnings should be good, fourth quarter might be a little more of a struggle but again everything is relative. If interest rates are l…
Permalink to quote #12 I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that real speculation out…
Permalink to quote #9
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