Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject	11/30/2002 6:46:38 PM
From: smolejv@gmx.net	Read Replies (4) of 74559

Today, the United States shows signs of being halfway through the process that snuck up on Messrs. Fukao and Kanno. The comparisons, derided only a year or two ago as scaremongering, now don't look so far-fetched: - Stock market crash? Check - Bond yields near historic lows? Check. - Interest rates close to zero with little room left to move? Check. - A strong currency? Check. - High corporate and personal indebtedness? Check. - Goods price deflation first? Check. - The looming competitiveness of China? Check. - Consensus it can't actually happen here? Check. nationalpost.com{62CC0032-4AA2-4CC4-A540-D3633CD72D5E}

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