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Essay Galaxy - The US Economy Is In A Growth Spurt
The US Economy Is In A Growth Spurt
I believe that the US economy has entered a growth spurt. I base my
beliefs on two articles that I read in my Berron's Financial Weekly.
In the November 20, 1995 edition the article titled "Almost There:
5000", on page 28, was very enlightening. It begins by crediting the surge
of 120 points that week by the Dow to the long awaited agreement between
the Democrats and the Republicans about balancing the budget..
Several investment counselors were interviewed. Even with that news,
one economist, Ed Yardeni, seemed to think that in the short term,
technical stocks would still be in trouble. He also believed that
consumers are still in "parlous shape" regarding the amount of debt that
they are in as related to the overall amount of disposable income that
they have to purchase items with. There was also con....
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Number Of Pages: 3 |
Number Of Words: 603 |
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