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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Darth Trader who wrote (13444)	4/1/2001 10:01:43 PM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

RE: ecri are permabears nothing new (eom) LOL... yes I remember well joking that they all sorts of economists believed in the Philips Curve long after it was put to rest... some still believe in it too... I DO like how ECRI has all these indicators and the FIG sure seems reasonable to follow but I don't base my whole. BTW, would anyone really care if we had two straight quarters of -0.1% GDP growth vs only one and perpaps +0.0% GDP growth for the second other than those that attach value to assigning labels to events? The first allows you to say "we had a recession" but the events would be hard to tell apart. BOTH feel extreme from the high levels of growth we were at.