There's no cloud in the sky right now. Japan's economy is poised for a reacceleration. There's no question about that.
There's no cloud in the sky right now, ... Japan's economy is poised for a reacceleration. There's no question about that.
A possible slowdown in the U.S. economy is clear. Demand for overseas goods cannot be sustained at the current level.
A two-month gain in consumer prices shows that household finances are finally benefiting from the recovery in the economy and corporate earnings.
The U.S. economy won't be able to avoid a slowdown given the damage from Hurricane Katrina on top of crude prices. This is an element of uncertainty in the market that's weighing on stocks.