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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: mtnlady who wrote (39062)2/7/2001 3:13:20 PM
From: Mike Buckley  Read Replies (3) | Respond to of 54805
 
mtnlady,

I realize that recessions tend to be multi year events 2-3 years is the norm *I think!*.

It's been so long since we've had one that I don't remember. But I seem to remember that the average recession lasts about 9 months.

Hopefully someone can easily find a website listing the historical recessions.

--Mike Buckley



To: mtnlady who wrote (39062)2/7/2001 3:31:49 PM
From: areokat  Read Replies (1) | Respond to of 54805
 
However everything, and I mean everything, seems to be speeded up now days.

Another factor effecting how fast we come out of this economic downturn is how fast the economy is re-liquefied. The Fed cut interest rates by a full percentage point in January-a speedy response we don't normally see. It also looks like Washington is getting behind a retroactive, front-loaded tax cut which will also add gas to the recovery. If this all does happen and the market anticipates a strongly rebounding economy the market bounce could be strong and sudden.

Kat