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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Chispas who wrote (16604)	11/23/2004 7:09:55 AM
From: Elroy Jetson	Read Replies (3) of 116555

I think some might want a link to that heart warming story. business.bostonherald.com Economic "Armageddon" predicted By Brett Arends --- Tuesday, November 23, 2004 Stephen Roach, the chief economist at investment banking giant Morgan Stanley, has a public reputation for being bearish. But you should hear what he's saying in private. Roach met select groups of fund managers downtown last week, including a group at Fidelity. His prediction: America has no better than a 10 percent chance of avoiding economic "armageddon."

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