Markets and Economy7% GROWTH IS SUSTAINABLE

All you have to do is look to Australia where TAX REDUCTION policies of John Howard have resulted in a 7% growth rate over the past four years while unemployment is at 5.6%. The Left doesn't want to look at this, or anything else other than high taxes to fuel the Welfare State. You who are small investors want to keep your eye on both the market averages, volume there, and the techs on your own stocks. All preconceptions about growth could be going right out the window. Rates are going up. I trade and I can tell you that the Eurodollar is screaming that rates will rise, and rise soon. (Eurodollar is a short term rate of U.S. Dollars on deposit in foreign banks. The rate is the LIBOR rate, which is the London Inter Bank Offered Rate) and those rates are going up. We HAVE to match them. Not until after Christmas, I'd say middle of the first quarter of '04. England and Australia have just raised their rates and Britain usually leads the U.S. in rates. Pay no attention to the "brilliant" jerkoffs on the Saturday "Market Reports". You need only to focus. One Day At A Time. I'll talk about cars AGAIN later this week, and they are a problem down the line, still.