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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Jacob Snyder who wrote (156459)9/7/2011 11:26:25 AM
From: Jacob Snyder1 Recommendation  Read Replies (1) of 206085
 
Recession Watch:

well-written articles saying we won't have a recession:

Is The World Economy Headed For A Double Dip? by Carnegie Endowment:
Are we headed for another global recession? We believe the answer is probably not, for three reasons. First, the powerful growth momentum in emerging markets appears likely to continue. Second, strong profit performance and balance sheets in the non-financial corporate sector in the advanced countries argue against a renewed sharp retrenchment so soon after a major downturn. Third, no “double dip” global recession has occurred since World War II, and it would take a truly massive shock to trigger one. The caveat is that precisely such a shock may be brewing in the form of a sovereign debt crisis in Italy and Spain, so containing the problem there is the single most important condition for a continued global recovery... seekingalpha.com

Read Bernanke's Lips: No Depression, No Deflation:
the Fed will not allow debt deflation to occur. And furthermore, you may be persuaded that a 2.00% yield on U.S. Treasury bonds is not at all attractive given the nature and likely sequence of inflationary policy responses by the Fed in responses to any hint of depression and/or deflation in the U.S. economy. seekingalpha.com

The author, James A. Kostohryz, has written many excellent macro articles at S.A.:

seekingalpha.com
seekingalpha.com
seekingalpha.com
seekingalpha.com

disclosure: I now think the odds of a recession are 70%, up from my previous guess of 50%. I look for and post articles contrary to my opinion, because I might be wrong, and I want to actively look for mistakes I might be making.
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