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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: orkrious who wrote (6380)11/17/2001 9:44:35 AM
From: Zeev Hed  Read Replies (1) of 99280
 
Ork, yes, an interesting read and supports the "double dip" recession scenario, where next year (possibly a little later), the then strapped consumer finally reigns in his spending. I just do not take the position of it is "right or it is wrong". I simply observe what is happening, and the fact is that the major recent refinancing cause reliquification of both consumers and corporations, thus economic expansion sometime in the second or third Q next year, before the next contraction and reequilibriation takes place.

Zeev
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