Global ABCs will follow in coming weeks. A laska -Plenty of oil and natural gas is there for the taking. We want to consume more power of all types without adequately tapping new sources of energy. As in California, you can't have it both ways F ederal Reserve -The most respected and credible institution in the nation's capital. The Fed's four aggressive easing moves so far this year will be followed by more G lobal Economy -Slowing this year after its strongest performance in 12 years in 2000.
Capital spending is the other.
Auto and housing activity remain solid N ational Debt -A real chance to pay ours down significantly in coming years. The 2nd and 3rd quarters could be slightly less. Future Hall of Famers Karl Malone and John Stockton aren t getting any younger. Another rate cut is likely in mid-Summer.