[lbo-talk] U.S. Economy Grew 7.2% in 3Q, Fastest Pace in 20 Years

Doug Henwood dhenwood at panix.com
Fri Oct 31 12:29:18 PST 2003


By the way, I don't want to make too much of the prognosticative powers of the financial markets, but after an initial burst of enthusiasm after the release of the higher-than-expected growth numbers, stocks fell back and have been flat pretty much all day today. And the bond market has recovered most of its losses. There were some more good numbers this morning, but not as good as stocks hoped or bonds feared.

Doug



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