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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (96571)4/14/2000 9:35:00 AM
From: westpacific  Read Replies (1) | Respond to of 108040
 
Strong inflation report, now talk is for large rate increase at May FOMA meeting. This will kill the DOW!

Recession is in the cards. When the Nikkei crashed in 1990, this led to the 2nd most serious recession after the 1929 scenerio. If the market falls far, will kill consumer confidence, which will lead to reduced spending, which will lead to weaker corporate earnings. We are in a very nasty cycle folks!