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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%Dec 19 4:00 PM EST

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To: TobagoJack who wrote (11013)11/3/2006 3:45:54 PM
From: foundation  Read Replies (2) of 218633
 
J - when will "Depr" succeed the "Rec"?

... any guess?...:-) --- How about March?

... think riots and soup kitchens by Easter?

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The Coming 2007 Recession Has Already Started in Many Sectors of the Economy...

Nouriel Roubini | Nov 03, 2006
rgemonitor.com

<snip

"... In conclusion, the argument that the housing recession is not spilling over to other sectors and to the consumer is faltering: we already have a housing recession, a coming non-residential construction recession, an auto recession, a manufacturing recession, a durable goods recession, an industrial sector recession, and now signs of faltering of the service sector starting with the retail sector and the fall in consumer confidence. Q4 growth is headed to be even worse than the dismal Q3 and the economy is highly likely to enter into an outright recession by Q1 or at the latest Q2 of 2007."

<snap>
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