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To: Nichols who wrote (53580)1/3/2001 5:03:11 PM
From: Cynic 2005  Read Replies (1) | Respond to of 436258
 
You got too many assertions in your posts via "will." Here is one for you...

"The economy has already entered in to the first leg of a recession - i.e. we have just completed the first of the two negative growth quarters. Most likely the first quarter of 2001 will be a down quarter as well!"

Cynic 2005, going out on a limb in the 1st quarter of 2001.



To: Nichols who wrote (53580)1/3/2001 5:26:04 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<FED will continue to lower, inflation is and will remain low, energy prices will continue to fall, Bush has a surplus to play around with>>

Well, let's see:

1) Fed will continue to lower Yeah, I think we spot you that one.
2) inflation is and will remain low. Not bloody likely, what with full employment still here at the time rates are being cut. J6P wants his share of the American Dream too you know, and he won't be denied! Have you priced electricity lately, or Natural Gas (or looked at the CRB?)
futures.tradingcharts.com
futures.tradingcharts.com
3) energy prices will continue to fall Have they been falling? perhaps crude (but that looks to be on its way back up courtesy of OPEC production cuts and the softening ClownBuck AKA dollar). Natural Gas and electricity are at record highs, the AGA draws today were MASSIVE and auger outright shortages before the end of the winter. A recession certainly would have dampened energy prices...but you say we won't get one.
4) Bush has a surplus to play around with Not at all clear if this is the case in the face of a slowing economy (and in the absence of all the juicy bubble-generated stock market capital gains from 1999 and early 2000).

So your 1 for 4, good enough to start at shortstop on a 2nd tier team, but not good enough to make the cut in the CFZ!<G>