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Strategies & Market Trends : Complacency Indexes

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To: TechTrader42 who started this subject3/5/2002 9:57:14 AM
From: TechTrader42  Read Replies (1) of 1487
 
The bear market wasn't real, either.

siliconinvestor.com
Officials Question if Recession Was Real
Mar 4 5:26pm ET

By Anna Willard

WASHINGTON (Reuters) - Amid burgeoning signs of recovery, officials at the U.S. Treasury and White House on Monday questioned if the downturn in the world's largest economy actually constituted a recession.

"There is now a chance that there may not even have been one (a recession)," Randall Quarles, the U.S. executive director at the International Monetary Fund and designated assistant Treasury secretary for international affairs, said at a banking conference in Washington.
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