Word: sentimentals
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...Tuesday brings us the Conference Board's consumer confidence measure, an index distinguishable from the University of Michigan's consumer sentiment survey in two ways. The UM number is bi-monthly, the CB is monthly; and the UM is proprietary, which means some paying customer has to leak it to Reuters before we can hear about it, while the CB's numbers are free to all. (This explains why the UM number is considered slightly more credible, though for my money the reports on consumers' emotional states have been singularly useless for most of this year.) That said, folks...
...That sentiment permeates A Fine, Fine School (HarperCollins), her slyly subversive new book for children four to eight years old. A second new work has also just been published: Love That Dog (HarperCollins), an innovative novel in free verse for kids ages 8 to 12. Creech has been dazzling critics since 1995, when Walk Two Moons, her first children's book to be published in the U.S., won the prestigious Newbery Medal, the Academy Award of children's books. "To win the Newbery Medal on your first book is an astounding feat," says Diane Roback, the children's editor...
...Main Street, according to the University of Michigan?s report on consumer sentiment for the first half of August that hit Friday, is reasonably chipper - the gauge rose to 93.5 from 92.4 in July, beating forecasters? expectations...
...more goat entrails from the chip sector, with the trade group Semiconductor Equipment and Materials International (yes, that spells SEMI) announces its July book-to-bill ratio. Watch Intel (whose expected 54-percent price cut on is high-end chips is due on Sunday) and AMD for meaning; analyst sentiment on the sector remains mixed...
...insists that Arafat act against the Islamists before he'll consider any of the Mitchell Report's "confidence-building" mechanisms, but that Arafat is unable to rein in the violence unless he's rewarded with political concessions. But that may be a moot point, right now, because the current sentiment on the Palestinian street severely limits his ability to act against the militants, even if he chooses to. His own Fatah organization has formally abandoned the cease-fire and resumed its grassroots alliance with Hamas and Islamic Jihad in order to fight the Israelis. As much as they're intended...