SI
SI
discoversearch

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.
Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (293)4/5/2001 10:48:46 PM
From: Stoctrash  Respond to of 1063
 
just the facts...we must face the facts:
siliconinvestor.com
Survey: 90 Percent Chance of Recession This Year
UCLA Report Predicts Recovery in 2002
By Michael Kahn
Reuters

SAN FRANCISCO (April 4) - The U.S. economy faces a 90 percent chance of going into recession this year and will only stage a weak recovery by year's end, a widely respected economic forecast said Wednesday.

The quarterly survey of the national economy by the Anderson School at the University of California, Los Angeles (UCLA), said the slump -- while brief -- would mark the end of the gold-rush mentality spawned by the ''New Economy.