Zeev's Turnips - No Politics Message Board

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

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To: mishedlo who wrote (32693)	2/24/2002 9:02:45 AM
From: deathandtaxes	Read Replies (1) of 99280

Mish actually it is different this time but for the worse. Most recessions are first caused by the consumer (first dip)then manufacturing begins by reducing inventories created by the less demand as well as unneeded capex spending(second dip). This recession has been started by manufacturing first with the second dip expected to be coming from the consumer. Somewhat of a role reversal. The big question is "If a consumer slowdown has a cause/effect with manufacturing production will the upcoming deceleration from the consumer give us another leg down in manufacturing?" It is a possibility that we could end up with a triple dip?

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