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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: sun-tzu who wrote (146340)1/26/2002 2:27:04 PM
From: John Madarasz  Read Replies (2) of 436258
 
Recovery is imminent...ECRI,

He hastened to add that "while a recovery is due, it looks like being not much of a recovery." Banerji agreed that there is a symmetry between the depth of a recession and the strength of a recovery - so, with the recession having been shallow, the recovery is expected to be lackluster.


they'll likely be the first to report the double dip too<g>...

interesting to note that of the 6 recessions since the late 50's, five of them have been of the "double dip" variety... and the period from 1973-1975 witnessed a "triple dip".
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