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.
Politics : High Tolerance Plasticity

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Raymond Duray who wrote (8739)9/27/2001 3:24:15 PM
From: energyplay  Read Replies (4) of 23153
 
"Why late spring for an economic restart ?

1) Income tax refunds - people getting laid off now will have big refunds.

2) Recent intrerest rate cuts & liguid increases will start to show up all over the economy in about 6 months.

3) I think it takes time for people to digest events. After about six months of feeling down and fearfull, the will be a swing back.

4) Spring & more daylight will make peole feel optimistic.

5) I expect the Christmas retail season to be a mess, and this will ahve negative effect for at least three months.

6) I expect year end bonuses in to be far smaller than ususual, and that will be a drag until tax returns put money in peoples pockets.

7) Lower gasoline, heating oil and natural gas prices will get to the consumer by January, and the lower prices will have cummulative positive effect throught the winter months.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext