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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (24023)	4/7/2000 1:54:00 PM
From: Defrocked	Respond to of 42523

Quit exaggerating so much.<g> It could take several weeks after a crash for a recession to kick-in.-s- (And even longer for the Clinton/Gore Administration to admit to one.) Another problem with this inverted curve is that the longer it exists, the more difficult it will be for the financial institutions that are short-funded. We've had a wicked move this last month in the yield curve slope department. Frankly, I'm not looking for a recession and give it only a 10% weighting. But a slowdown from 7% GDP growth is highly likely and more than likely to hurt earnings(as if they have anything to do with equity prices-s-). BIDKJS.