Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (13503)	1/16/2002 7:34:04 AM
From: Ilaine	Read Replies (4) of 74559

That was a cheap shot, CB. Yes, it was. Sorry. However. I would like to point out that perma-bears are just as annoying as perma-bulls. With respect to the S&P data on defaults, notice that so far things are not worse than in 1991. Most recessions last for a year or two. NBER just called this one as beginning in the US in March, 2001. The slowdown in industrial production of course, began earlier, in Spring, 2000. Excellent info at: nber.org Notice that manufacturing and trade have rebounded sharply over the past few months. If anyone has similar data (similar to NBER, I mean) for other countries, I'd appreciate it if you would post a link.

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