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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (25122)12/14/2000 5:54:49 PM
From: DiB  Respond to of 65232
 
l,
I think AG is trying to adjust the interest rates so that he has exactly one quarter with GDP below 2, and then start growing again. He does not want 5+% growth...
It's impossible for the whole economy to drop right to zero or negative from 2+%. It's a slide, not a waterfall.
Warnings from the financial sector are not good, but if you just have one quarter of them, then it's kinda OK...

Things are not as bad as you think.

JMHO