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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: limtex who wrote (37829)6/14/2001 11:44:54 AM
From: RR  Read Replies (2) of 65232
 
Hi Limtex! Been a few days. Hope you are well.

Full blown recession you ask? No, I don't think so. Although, granted, some argue we're in a recession now and don't know it.

Hard landing, so to speak, yes. Think we've already started to see that and will so more over the summer.

Slowdown here, will be for the summer, and like I said last night, it's hitting closer to home now, down the food chain to the average person on the street. I'm seeing many more local businesses negatively impacted and hit in the last month.

Forward guidance comments from second quarter will be critical. Execs will have more data to make better forecasts. Ought to be interesting.

Think things will turn better in Q4 and Q1/2002.

RR
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