Part 1 of Essay
I believe that the US economy has entered a growth spurt. I base my beliefs on two articles that I read in my Berron's Financial Weekly. In the November 20, 1995 edition the article titled "Almost There: 5000", on page 28, was very enlightening. It begins by crediting the surge of 120 points that week by the Dow to the lo ....

Part 2 of Essay
.... "companies pricing power and profit "margins" because of the current disinflationary trends. He is also concerned with the continuing job losses because of downsizing, right sizing, and mergers. He believes that these things will "take their toll on employment and consumer purchasing power." In spite of all these short-term woes that we're faced with, Yardeni is still quite optimistic about our economic future. He recently published a report entitled "10,000 in 2,000" which is very positive. He believe ....