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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (50886)	4/7/2001 11:44:40 PM
From: Skeet Shipman	Read Replies (1) of 94695

Regions in Recession By Mark Zandi dismal.com The broader information technology and financial services industries are expected to experience a substantial comeuppance in coming months. The nation's large coastal economies will weaken. By the time they do, however, the inventory cycle among traditional manufacturers should be winding down and the Midwest and Southeast economies will regain their footing. Under this scenario, a national recession will be avoided. The risks are, nonetheless, high that the inventory correction will be more substantial and longer than anticipated. Indeed, if consumer confidence deflates further and consumers retrench, manufacturing's problems will have only begun, and the Midwest and Southeast recessions would intensify. With the nation's technology and financial centers also weakening, a national economic downturn could be unavoidable. While a national recession is not expected this year, it is fair to say that there will be no regional economy of any consequence that will be able to avoid the pernicious effects of the economic slowdown. ------------------------------------------------------------------------------------------------------- Weekly Economic Activity Well we sputtered again last week. This is beginning to concern me. I had expected a stronger seasonal upturn to have begun by now. Patience for another week. Maybe the dollar will decline some. Skeet

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