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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (33973)6/5/2005 10:48:18 PM
From: ild  Read Replies (1) of 110194
 
Recession? Risks Developing, but Not Just Yet
Yes, last month's job number was disappointing. But if you look at prior recessions, they normally didn't start until job growth was even weaker – usually less than 1% growth in nonfarm jobs over the prior 12 months, and less than about 0.5% growth over the prior 6 months.
By John P. Hussman, Ph.D.

hussmanfunds.com
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