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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (47845)	2/21/2002 10:46:45 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

never seen such expert competent extremely opposite views forecasting is hard enough for the economy some see moderate recovery others see spending hit the wall by summertime I pay attention to maybe 4-5 economists, no more the rest are charlatans, incompetents, sheep, guessers, cheerleaders, numbnuts the only conclusion I can confidently reach is that the rest of this year will have strong forces pulling in opposite directions, probably resulting in volatility, false starts, sudden downdrafts, but overall muddle along (as John Mauldin likes to say) Sohn of Wells Fargo is good he thinks consumer spending wanes by summer just as business investment picks up after a 2-yr slumber / jim