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Strategies & Market Trends : Sharck Soup

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To: Paul A who wrote (35632)9/18/2001 8:19:37 AM
From: Wes Stevens   of 37746
 
and the upside part of this equation just got alot better

Paul, why do you think the upside got better? The one thing that has keep the economy from a recession has been consumer spending. With the fear of war and all the lost jobs I think we will see consumer spending pull back hard.

We have already seen a lot of companies warn because of the bombings, I think we will see a lot more in the coming weeks.

I think we are in for a long recession. This coming war will not be the type where the government spends a lot of money on bullets and pull the economy up. It will be more of a stealth war.

For me I am going to sit and wait for a while before I jump back into this market.
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