Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (90865)	12/28/2000 10:59:00 AM
From: carranza2	Read Replies (1) \| Respond to of 152472

Anyone who doesn't think things are slowing is nuts. Railroads have warned because shipments were lower in December. Ditto big trucking companies. These are, in my opinion, two of the best indicators of economic activity around. The big question is to whether the slowdown will mature into a full-blown recession or whether we're looking at a phenomenon similar to what happened in 1991, i.e., a slight turn for the worst followed by strengthened economic activity and a bull market. I don't have the tools or the smarts to make that kind of call but I do see a lot of positive things out there like productivity growth, probable lowering of oil prices in '01, no out of control interest rates as the Fed eases in January and beyond, increased defense spending under the Bush Administration, and a not-so-tight labor market. All of these factors make me think that we will probably not have a recession or, if there is one, it will be short-lived. BWTFDIK