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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (13503)1/15/2002 10:04:06 PM
From: LLCF  Read Replies (2) | Respond to of 74559
 
<<Well, I was wondering if I would get intelligent comment from anyone. >>

You've been getting it for 18 months :)

DAK



To: Ilaine who wrote (13503)1/16/2002 12:39:02 AM
From: smolejv@gmx.net  Respond to of 74559
 
Your list and the current situation remind me of a (stale) joke out of the old Soviet Union: "The capitalism is at the brink of disaster. Soviet Union is a giant step ahead"...
The bond market runs on unabated means industry (much similar to J6P) is piling on debt. There'll be some more entries on the list in 2002.

dj



To: Ilaine who wrote (13503)1/16/2002 7:34:04 AM
From: Ilaine  Read Replies (4) | Respond to of 74559
 
That was a cheap shot, CB.

Yes, it was. Sorry. However. I would like to point out that perma-bears are just as annoying as perma-bulls.

With respect to the S&P data on defaults, notice that so far things are not worse than in 1991. Most recessions last for a year or two. NBER just called this one as beginning in the US in March, 2001. The slowdown in industrial production of course, began earlier, in Spring, 2000.

Excellent info at:

nber.org

Notice that manufacturing and trade have rebounded sharply over the past few months.

If anyone has similar data (similar to NBER, I mean) for other countries, I'd appreciate it if you would post a link.



To: Ilaine who wrote (13503)1/16/2002 9:43:27 AM
From: Mike M2  Read Replies (1) | Respond to of 74559
 
CB, your past criticism of Noland was not justified but I guess it is expecting too much for you to admit it. mike