1. A slew of reports indicating economic growth is slowing rekindled expectations the Fed will cut rates. 2. A reduction in capital spending by itself does not necessarily indicate slower growth. 3. A trouble spot, market strategists said, is that the government numbers indicated slower growth in consumer spending. 4. But both indicate growth, not sloth. 5. Economic reports indicating that growth remained moderate and inflation tame in August tempered some investor concerns about possible third-quarter earnings disappointments. 6. Earlier this week, Clarke unveiled new estimates of the budget deficit that indicate slower growth in tax revenue and higher interest payments than expected. 7. Economic reports indicating slowing growth with no pickup in inflation have convinced investors that corporate profits will match expectations this year. 8. Economic reports indicating slowing growth with no pickup in inflation have convinced investors that corporate profits will continue to grow. 9. Economic reports indicating that growth remained moderate and inflation tame in August tempered some investor concerns about possible third quarter earnings disappointments. 10. Economic reports indicating slowing growth with no pickup in inflation have convinced investors that corporate profits will grow. |