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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (51218)	4/19/2001 7:27:02 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

Good question... I don't have a clue... I think it may just be a relative term, I don't know if there's an official definition, maybe economists might have one, but it's probably wrong..... higher unemployment, backed up inventories, reduced retail sales, lower factory orders, a slump in home sales, stuff like that... I suppose if you put all of those things into a pot and stirred it around, at some point someone on TV might begin to say we have a recession..... beats me.....<g> we're probably in a recession, whatever that is, but a lighter one than expected and these markets have already discounted a worse one..... labels like 'recession' are always problematic and distracting... it may be more productive to be item specific and remedy those specific problems than to apply a blanket term for the whole economy.....BWDIK GZ