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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (3772)4/18/2001 3:09:51 PM
From: MulhollandDrive  Read Replies (1) of 33421
 
>>The index has been sending recession signals since the middle of last year as the May-Aug and Oct-Dec strings of steady declines and the -1.5% six-month growth decline all are consistent with recessions in the past. The March decline pulls the 6mo growth back below 1% -- again waving a recession warning flag<<

So I wonder why the FED had the blinders on...
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