SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (42057)3/19/2002 11:33:27 PM
From: ajtj99  Read Replies (3) of 99280
 
Bobby, recessions start with consumers. This recession started with capital goods (bass ackwards). That means we have a very good chance of the consumer recession and a worse capital goods recession down the road.

Where are we going to get the $50-Billion in re-financing money this year for the consumers? Where are we going to get the $50-Billion in tax cut rebates (That was like found money)? Where is the low interest credit going to come from (rates are going up, if you haven't heard). Furthermore, energy prices aren't going to drop like a rock this year like they did last year.

All of this helped line the consumers' pockets last year, keeping them at the register. This year they're on their own, busy completely tapping out their resources. You can figure out the rest.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News