There's plenty of speculation as to what 2004 will bring from the perspective of the market. Everyone and his dog seems to have an opinion. But, much of what is turning the heads of the so-called "experts" is a look back at what happened in the third quarter of last year where the gross domestic product roared upward from 7.2 percent to 8.2 percent. This was the best quarterly showing in almost two decades, all driven primarily by gains in consumer spending, particularly on cars, houses, and electronic goods, as well as a healthy dose of government spending and business spending relating to capital goods and equipment. And, don't forget to throw in low interest rates.
So, this apparently bodes well for the future. At least, we hope so.
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