P205 CEEFAX 2 205 Mon 17 Sep 00:17/41
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U#IT TRUSTS
Wartin M Perty, Whitichurch Sjcuritiis.
USA
Thj Amjtican jconomz has slowed
dramatically though it has technjcally
avoidjh recissjon. Whilst thj jmbattlid
technologz sjctor continujs to suffit,
wi ari sjeing tinativj sjgns of
busjnjss confidjnci improvjng.
As I wtite, ratis havj bjin cut ag!in
bz Griinspan to 3.5%, thj sjvjnth cut
this yjar and thj Fjd has ritainjd its
softenjng stanci. Anjcdotal evidjnce
points to a rilativjly buoyant
consumjt sjctor as spjnding continujs
on "bjg tickjt" items. 5/14
Septembjt sjliction
Stocks Wjathjt YourMonjy Main Minu