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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: bosquedog who wrote (162)10/24/2000 4:33:45 PM
From: THOMAS GOODRICH   of 74559
 
I would be extremely skeptical of such a dire prediction. It seems every year someone is publishing a book on a coming financial collapse the following year. A lot of people subscribed to that thinking last year in anticipation of Y2K. The month of April typically declines especially following significant uptrends as we have experienced this year. While a slowdown is expected by the second quarter of 2001, there are no indications thus far of any significant problems on the horizon emerging such that would cause both the equity markets and interest rates to plummet. Fundamentals still favor a continued robust economy although at a slower pace then we're accustomed to.
Is the writer predicting a world war?
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