BTW, I asked Tom earlier today about the headline that reads: "Too many bottles, not enough buyers." Tom says that this story was about a glut in the wine market and a decrease in sales. A bad economic indicator if there ever was one.
Chuck0
Doug Henwood wrote:
> [from the infoshop news list - gotta say this is an impressive litany of
> bad news]
>
> Subject: The continuing slow-motion collapse
> Date: Wed, 29 Jan 2003 07:50:19 -0500
> From: "Tom Wheeler" <twbounds at pop.mail.rcn.net>
>
>
> Economic headlines
>
> Consumer Confidence in U.S. Declines to a Nine-Year Low Amid Job Concerns -
> Bloomberg (1/28/2003 3:26 PM)
>
> Goldman's Paulson Sees Dim Outlook for 2003 Recovery, May Cut More Jobs -
> Bloomberg (1/28/2003 3:26 PM)
>
> U.S. pension agency loses $8 billion - MSNBC (1/28/2003 8:47 AM)
>
> U.S. State Deficits Top $100 Bln, Legislators Say - Bloomberg (1/28/2003
> 6:34 AM)
>
> As retailers close, available space grows - Dallas MN (1/29/2003 5:53 AM)
>
> U.S. Deficit Could Top $300 Billion - NY Times (1/29/2003 6:16 AM)
>
> World jobless hits record high - BBC (1/28/2003 8:47 AM)
>
> Trade deficit sets record - USAToday (1/29/2003 6:22 AM)
>
> Funding woes threaten passenger train service in Missouri - KC Star
> (1/28/2003 8:27 AM)
>
> Nevada jobless rate rises - Las Vegas RJ (1/28/2003 8:28 AM)
>
> Student debt load triples over decade - Houston Chronicle (1/28/2003 10:14
> AM)
>
> Shares plunge on war jitters - BBC (1/29/2003 6:05 AM)
>
> First equity outflow in 14 years - Detroit FP (1/28/2003 8:17 AM)
>
> Davos economists predict falling dollar - FT ($) (1/27/2003 8:23 PM)
>
> End of the cult of equities - Coggan, FT ($) (1/27/2003 8:19 PM)
>
> Soros warns against weak US$ - BusinessTimes (1/28/2003 7:00 AM)
>
> Tension over pensions - CBSMW (1/28/2003 6:54 AM)
>
> VENTURE CAPITAL: Investment pace slowest since 1st quarter of 1998. - Chi.
> Trib (1/28/2003 6:21 AM)
>
> Office vacancies skyrocket - Rocky MN (1/29/2003 5:56 AM)
>
> Venture Capital Investment Rolls Back - AP (1/28/2003 6:40 AM)
>
> Top bankers wary of quarterly reports - FT (1/27/2003 8:18 PM)
>
> Credit-rating agencies under SEC microscope - Houston Chronicle (1/28/2003
> 10:18 AM)
>
> Home heating oil prices rise as ice slows delivery - USAT (1/28/2003 7:06
> AM)
>
> Too many bottles, not enough buyers - ST (1/28/2003 8:37 AM)
>
> SBC offers gloomy forecast - Dallas MN (1/29/2003 5:55 AM)
>
> Domestic unknown haunts UPS - FT (1/28/2003 10:14 PM)
>
> SEC Watching Some Credit - Rating Agencies - AP (1/28/2003 6:43 AM)
>
> Retailers Plod Through Dismal January - Reuters (1/27/2003 8:02 PM)
>
> Rough chapter for the book business - CNBC (1/28/2003 6:56 AM)
>
> I2 facing informal SEC inquiry - Dallas MN (1/28/2003 6:27 AM)
>
> Mirro expects to shut ground breaking plant - Milwaukee JS (1/28/2003 8:18
> AM)
>
> Bank of America and J.P. Morgan Retreat From Businesses in South America -
> Bloomberg (1/29/2003 6:09 AM)
>
> Japan's Industrial Production Unexpectedly Falls; Companies Move Overseas -
> Bloomberg (1/29/2003 6:10 AM)
>
> Japanese Bond Yield Falls to Within 1 Basis Point of Record Low - Bloomberg
> (1/28/2003 6:45 AM)
>
> Japan's Retail Sales Fall a Greater-Than-Expected 3.9 Percent in December -
> Bloomberg (1/27/2003 8:01 PM)
>
> Germany's Clement Cuts Economic Growth Forecast for This Year to 1
> Percent -
> Bloomberg (1/29/2003 6:07 AM)
>
>
>
-- Chuck0
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