Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (147355)	1/30/2002 7:23:07 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Hi Anindo...yes, I think ECRI's report was in the ballpark. We'll get a recovery in the sense that GDP will be flat-ish for the next several quarters, provided the increase in government spending makes up for the (probable) pullback by the consumer. This also assumes no major new event, ie, terrorist attacks, major bump in energy prices or new large financial institution (ie, JPM) failures. I believe a flat recovery is priced into equities already, by and large. There are some (ie, Steven Roach) who feel we will go into the second phase (a "double dip", or W-shaped recession) in the 4th quarter or Q1 2002 as a result of anemic overseas recoveries, and lack of further new stimulus, as well as continued strength in the dollar crippling exports and pushing whatever capital spending there is to offshore sites. Sorry I never answered your question about TMX and the Chinese power company you asked about, I haven't really been following either of them. Jay Chen might be a useful resource on the power company (was it HNP?) Regards Patron