The US Economy Is In A Growth Spurt
Beginning of paper
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 ....
Middle of paper
.... will be rough on "companies
pricing power and profit "margins" because of the current disinflationary
trends. He is also concerned with the continuing job losses because of
downsizing, right sizing, and mergers. He believes that these things will
"take their toll on employment and consumer purchasing power."
In spite of all these short-term woes that we're faced with, Yardeni is
still quite optimistic about our economic future. He recently published a
report entitled "10,000 in 2,000" whic ....
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Page count: 3 (approximately 250 words per page)