SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (61618)1/25/2001 1:10:34 PM
From: Cynic 2005  Read Replies (2) of 436258
 
What does he know and when he know it? (Got 1st of the two needed for an "official" recession?)
<<``As far as we can judge, we have had a very dramatic slowing down and indeed we are probably very close to zero (growth) at this particular moment,'' Greenspan told the Senate Budget Committee when asked if the economy is in a recession.

Further, Greenspan said inflation pressures were ''exceptionally well contained.'' Some economists think that tame inflation may give the Fed a green light to take strong action on interest rates in coming months.

Zero growth is perilously close to a recession, which many economists define as two consecutive quarters of contraction in gross domestic product. Greenspan himself noted that this could be considered only a ``rough'' definition of a recession.>>

biz.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News