Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (27984)	1/27/2003 9:58:52 AM
From: Moominoid	Read Replies (1) of 74559

No, you didn't, I just assumed that when you brought up earlier bear markets you weren't planning on discussing causation. I was just mentioning the typical pattern of events in a couple of significant recessionary periods in the last 30 years. A very similar chain of events is happening now as did in the late 1980s. Of course there are causal chains going on explaining those events. You need to look at data and theory in the past and now to get an idea of what will happen next. Seems to me you just want to explain everything by only one variable. Ad you also want certainty. I don't think you can get very far studying economics in that way. David

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