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To: Lizzie Tudor who wrote (42280)11/5/2000 6:22:18 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Lizzie

I agree with you that we are not close to a recession now but it could happen. I'm hoping for the soft landing scenerio which is possible. The balloon got pricked pretty hard in April and a lot of air has leaked out which I think is pretty healthy for the markets and the long term outlook for the economy.

Time will tell if Greenspan's last .5% increase finally does the trick.

Especially with the higher oil prices....

Eric