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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 (52659)7/6/2001 7:47:08 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Bill and Vi,
Most people trading and reporting news have no idea what a recession really is. The recession in 1990 was very mild and they are too young to have understood 1981. Even those who are older can not appreciate a deflation recession. A true recession resulting from over-capacities. Whether we are headed for one is dubious yet possible. The government has done almost everything possible to avoid one, except directly influence foreign currency exchange.
Skeet