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To: NOW who wrote (1322)	8/28/2001 1:34:57 PM
From: Didi	Respond to of 2505

Davidd, Yep Silly Indeed: 8 years is WAY TOO SHORT... look at Japan.... Please elucidate your comment. Per the below stats, doubtful that the U.S. economy will remain in a slump for next eight years. Regards, Didi ============================================== yardeni.com Selected highlights. >>> US Business Cycle Expansions and Contractions Contractions (recessions)start at the peak of a business cycle and end at the trough. BUSINESS CYCLE REFERENCE DATES DURATION IN MONTHS --------------------------------------- ------------------------------ Contraction Expansion Cycle ----------- --------- ---------------- Trough Peak (Trough (Trough Trough Peak From to Peak) from from ------------------------------ Previous Previous Previous Peak) Trough Peak Average, all cycles: 1854-1991 (31 cycles) 18 35 53 53* 1854-1919 (16 cycles) 22 27 48 49 1919-1945 (6 cycles) 18 35 53 53 1945-1991 (9 cycles) 11 50 61 61 Average, peacetime cycles: 1854-1991 (26 cycles) 19 29 48 48* 1854-1919 (14 cycles) 22 24 46 47**** 1919-1945 (5 cycles) 20 26 46 45 1945-1991 (7 cycles) 11 43 53 53 * 30 cycles. 15 cycles. * 25 cycles. **** 13 cycles.<<<