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Technology Stocks : Semi Equipment Analysis

SOXX 360.46

+2.7%

Jan 28 4:00 PM EST

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To: Jacob Snyder who wrote (58317)	11/30/2012 7:06:47 PM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) of 95790

Jacob, There are quite a few new comments on the web today about the recession situation. Of course some think we are already in a recession, and others think otherwise. I have perused several of these articles and they are too much to try to reproduce here, but let me put down a few markers for those who are interested in further reading on the subject. The first marker is: ECRI Weekly Update: Beating the Recession Drum By Doug Short, November 30, 2012 advisorperspectives.com This article has several good charts and discussion. The article gets updated every few days and this time it has a new chart which is shown below. This chart is also shown in another marker which will be called out below. All the 4 curves in the chart which are used by Lakshman Achuthan, chief operations officer of the Economic Cycle Research Institute(ECRI) to predict recessions with exception of the empoyment curve started downward in July. Therefore, ECRI claims that a recession has already started in July. Another marker is a video from yesterday by Bloomberg at: bloomberg.com

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