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


To: AC Flyer who wrote (14232)1/30/2002 3:39:43 PM
From: Ilaine  Respond to of 74559
 
>>Oh, by the way, the recession is ending here - see my previous post.<<

I'd agree, but we have yet to see all the fallout from Enron, and other earnings surprises on the horizon. Things are definitely picking up in the D.C. area. I'm getting fewer calls from people who have been fired and want to sue their employers.



To: AC Flyer who wrote (14232)1/31/2002 4:40:12 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello Mike, My mom taught me mathematics and Chinese classical novels at home when I lived in China. Later I was in the British education system for a while, in a Harry Potter boarding school setting where I studied speaking, writing, and mischief making. The rest of what I was taught, all from US system, I forgot through disuse.

People not only mistake my chit for insight, chat for humor, but pay unreasonable sums per 8 hours for use of my wisdom, outrageous retainers for access to use of same wisdom, and terribly funny success fees for wisdom proven correct by chance. No, I cannot draw a perfect freehand circle unless the diameter approximates that of a period.

You and I are more similar than you care to concede. It does not matter.

You will amble along in Boston sporting your iconoclastic scruffy lazy stubble, and I will meander around Hong Kong in my ‘I do not care what anybody may think’ old Timberland leather jacket and threadbare Lands End’s shirt.

I saw your ‘recession is over’ post. I take you meant the recession ended some time during the last three months of 2001. You may be correct. And if you are, then I will be proven equally correct that a new recession started some time during the last 16 weeks.

The econ-cycling will mosey merrily along, in ever more impressive drama of slow-motion implosion, until 2010 or so, and then demographics will take over, globally, unless we suffer an earlier and terribly cleansing collapse, so as to leave time for another bubble before 2010. You and I are of about the same age and we are looking at the same time horizon.

The Chinese lunar New Year holiday starts on February 12. The Chinese speaking Asia shuts down starting on the 8th, and really does not get back to business until the 20th. I will be away from Hong Kong for all except the first 8 days of February, leaving the disagreements concerning the markets to the markets.

Chugs, Jay